About This Restaurant
Investment Highlights
Income Producing
Executive Summary
Building and land for sale. Currently an established Mexican Restaurant, Chavez Mexican restaurant operating in building generating rental income of $2,400 per month.
Property Details
- Sale Type Investment
- Sale Condition High Vacancy Property
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Bar General Retail Fast Food Restaurant
- Building Size 2,948
- Year Built/Renovated 1960/2014
- Price 390,000
- Price Per SF 132
- Cap Rate 6.53
- NOI 25,450
- Percent Leased 100
- Building Height 1 Story
- Building FAR 0.14
- Land Acres 0.47 AC
Amenities
- Restaurant
Property Taxes
Parcel Number | 0010-00-009-005-0-001-00 | Improvements Assessment | $4,680 (2023) |
Land Assessment | $15,470 (2023) | Total Assessment | $(1) (0.00/SF) |
Date Created: | 2024-07-16 04:18:08 | Last Updated: | 2024-07-16 04:18:08 |
Address: | 1221 N Grady St , Altus, Oklahoma, 73521 |