Modern Shopping Center
LOCATION: Coshocton, OH 43812 DESCRIPTION: One-Story Masonry Buildings with 45 units and 743 parking spaces LOT SIZE: 23 Acres
BUILDING SIZE: 251,438 sq. ft.
TENANTS PAY: own utilities
ANNUAL RENT ROLL (includes contributions): $1,794,164.00
OPERATING EXPENSES:
Real Estate Taxes: $213,862.00
Insurance: $67,158.00
Gas & Electric: $26,335.00
Rubbish Removal: $909.00
Cleaning & Landscaping: $8,848.00
Snow Removal: $6,935.00
Sheriff Dept: $19,602.00
Misc. Repairs: $212.00
TOTAL OPERATING EXPENSES: $343,861.00 NET OPERATING INCOME: $1,450,303.00 PRICE: $17,000,000.00
CAP RATE: 8.53%
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NOTES:
Inspection of property by appointment only. Do not disturb tenants.