Contact Our Agent

1000 characters left

Hampton Crossing 92 Woolsey RD. Hampton, GA 30228

Property price: $1,800,000 + Closing costs
*2% Commission

Deal offer : 8% preferred after that even split with pacific for a total of 12.1%

Hampton Crossing is a value-add retail center that has 94'800 rentable square feet.
this is an excellent opportunity for an investor to purchase a shopping center well below replacement cost ($36 PSF)
with no deferred maintenance issues and significant upside with leasing vacant spaces.
once stabilized, the potential return on investment is approximately 14%.
the property is located directly across the street from the Atlanta Motor Speedway in Henry County, which has been one of the fastest growing counties in the nation over the past decade.
  • Status: For sale
  • Year Built: 1986
  • Building size: 49,800sqft
  • Lot size: 6.15 Acres (267,894.0sqft)
  • Tenants: 12
  • Financial details

  • Monthly Rent: $31,716.6
  • Annual Gross Rent: $380,600
  • Real estate taxes: $32,041
  • Insurance: $8,135
  • Utilities: $34,200
  • Repairs & maintanence: $25,646
  • Lot sweeping: $3,000
  • Pest control: $1,250
  • Landscaping: $3,000
  • Video monitoring: $1,814
  • Fire protection: $4,251
  • Cleaning services: $14,672
  • Waste removal: $3,000
  • Management fee: $10,656
  • Administrative: $12,154
  • Reserves/Replacement: $9,960
  • Vacancy: 10% $38,060
  • Total Annual Expenses: $201,839
  • Net Yearly Income: $178,761
  • Net Annual Return: 9.93%
  • Financial Expenses

  • 70% Loan To Property Price: $1,260,000
  • Equity: $540,000
  • Expected Interest: 5% fixed for 25 years
  • Monthly Return: $7,365.83
  • Annual Return: $88,389.96
  • Annual Interest Return: $59,612.098
  • Annual Principal Return: $28,777.62
  • Net Income After Financing Expenses: $90,371.10
  • Net Income After Financing Expense and Principal Return: $119,148.44
  • Total Annual Return: 22%
Pacific Holdings
Real Estate Investments
(800) 403-3407
PACIFIC HOLDINGS | LOS ANGELES
6300 Wilshire Blvd #970
Los Angeles, CA 90048
invest@pacificholdingsgroup.com
Direct: (800) 403-3407
Fax-877-282-8028