Three-plex, 2-story, brick veneer, 3739 SF, 2 bedrooms, 1.5 baths each unit, 100% occupied, $3000 month total rents, leases through 12.31.25, lot size 50 x 127, roof 5 years young, water & electric meters separate. One of nine multi-family properties offered in this online auction.
Legal: Lot 33 & 34, Sq. 220 Highway Park Subdivision
Directions: Williams Blvd. north to 32nd St. Turn right one block to Idaho. Turn left to the property.
Terms: All Cash Sale, "As Is, Where Is" Condition, 21 Day closing, 10% Deposit, Seller's Notary, 10% Auction Premium Added To The Winning Bid, 2% Of The Bid Price To Licensed Real Estate Agent That Reserves/Registers The Winning Bidder And Closes The Sale, with reserve.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
