We have two 1,250 square foot office condos for sale in the very desirable Beacon Lite Office Condo project in Monument, Colorado. The unique selling point is the attractive owner financing. The asking prices are $219,500 each. With 10% down ($21,950) the Seller will carry the purchase loan ($197,500) at 5.0% over 25 years with a 7 year balloon.
The monthly mortgage payment ($1,155.00) is less than you’d pay for rent! The monthly property taxes are $375 and the monthly HOA costs are $115. If you’re looking for an office condo opportunity in Monument, this is the best value we know of. Property is a conservative investment property with 5.2% cap rate. The units both have stable tenants and have been easy to lease in all market conditions.
- (2) 1,250 square foot office condos for sale
- Located in Beacon Lite Office Condo project in Monument
- Monthly property taxes are $375 & monthly HOA costs are $115