423 Kuhlman Drive

POTENTIAL INVESTMENT RETURN
– House likely to lease for $2,500+/Month
– Shop likely to lease for $1,600+/Month
– Tenants to Cover Utilities
– Assume $49,200 of Annual Lease Income
– Estimated Expenses of $9,000/Year
– At $480,000, A New Buyer Would Achieve a 7.6% CAP Rate

– Shop and House have:
* Separate Addresses
* Separate Electrical Meters
* Separate Gas Meters
* Shared Water & Sewer Services

RESIDENTIAL HOME
– 2,250 SF on One Level
– Fully Remodeled from top to bottom in 2022
– Five (5) Nicely Sized Bedrooms, Complemented by Three (3)Full Bathrooms
– New Water & Sewer Supply Lines to Home
– New Steel Roof
– Newly Installed In-Floor Radiant Heat Throughout
– New Forced Air A/C
– New Concrete Board Siding
– New Windows & Doors (Interior & Exterior)
– All New Electrical , Electrical Panel (200 Amp) & Plumbing
– Brand New On-Demand Water Heater
– Complete Custom Kitchen with All New Stainless Steel Appliances & Quartz Countertops
– New 40″, 6-Burner Stove
– Veggie Prep-Sink in the Island + 30″ Farmhouse Sink
– New Tile/Carpet/LVP Throughout
– Bathroom One: 72 x 36-inch Jacuzzi Tub with Custom Quartz Shower and Matching Vanity
– Bathroom Two: 60 x 32-inch Jacuzzi Tub with Full Custom Tile Surround
– Master Bath (3): Custom Tile Shower
– 1,800 SF Fenced Patio
– Fully Fenced 8’x24′ Completely Fenced Private Deck

COMMERCIAL SHOP
– 2,588 SF on One Level
– 8′ High x 16′ Wide Garage Door
– Two (2) Man-Doors
– New Sewer & Water Supply Lines
– New 200 Amp Electrical Service & Electrical Panel
– Commercial Rooftop Heat & A/C Unit (Needs Hooked Up)
– Seller Willing to Negotiate on Shop Being Built-To-Suit Upon Purchase (Owner is local contractor) himself)
– Shop to Potentially Include: 120′ of 10′ Pallet Racking + 16′ x6.8′ Steel Fab Table. Could also be Removed.