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Kensington office park 4151 Memorial Dr, Decatur, GA 30032

Property price: $2,750,000 + Closing costs
*2% Commission

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

Kensington Office Park consists of Five offices , two story office buildings, with great visibility from Memorial Drive. It has 350 parking spot and is located close to highway with great value add opportunity.
  • Status: For sale
  • Year Built: 1974
  • Building size: 54,781sqft
  • Lot size: 4.4 Acres (191,664.0 sqft)
  • Tenants: 5
  • Financial details

  • Monthly Rent: $42,625.33
  • Annual Gross Rent: $511,504
  • Real estate taxes: $51,533
  • Insurance: $23,412
  • Utilities: $105,505
  • Repairs & maintanence: $8,512
  • Lot sweeping: $1,500
  • Pest control: N/A
  • Landscaping: $1,000
  • Video monitoring: N/A
  • Fire protection: $1,517
  • Cleaning services: N/A
  • Waste removal: N/A
  • Management fee: $25,000
  • Administrative: N/A
  • Reserves/Replacement: $5,000
  • Vacancy: $25,575.2
  • Total Annual Expenses: $248,554.2
  • Net Yearly Income: $262,949.8
  • Net Annual Return: 9.56%
  • Financial Expenses

  • 70% Loan To Property Price: $1,925,000
  • Equity: $825,000
  • Expected Interest: 5% fixed for 25 years
  • Monthly Return: $11,253.36
  • Annual Return: $135,040.32
  • Annual Interest Return: $91,074.02
  • Annual Principal Return: $43,966.296
  • Net Income After Financing Expenses: $127,909.48
  • Net Income After Financing Expense and Principal Return: $171,875.77
  • Total Annual Return: 20.83%
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