BUILD EQUITY & SAVE FOR RETIREMENT: 712 Clark Place is a newly constructed, 24,000 square feet, concrete block office/warehouse (10-unit) condo project located near Powers & Platte for sale. This project is not a metal building. It’s a legacy project, built with the kids and grand kids in mind. It’s something most folks would be proud to own.
There are ten 2,400 square feet (30’ x 80’) condo units which can be purchased separately or combined. Each unit has approximately 600 square feet of nicely appointed office and 1,800 square feet of high-cube warehouse. Each unit has 3-phase, 200-amp power, 16’ clear ceiling heights, and a 12’ overhead door. Each unit has a built-in kitchenette and ADA qualified bathrooms.
Financing is easy and can typically be completed within 30 – 45 days.
Conventional loans require 20% – 25% down, a 20-year amortization at 5.25% interest, and a 10-year rate adjustment. With 25% down, the monthly P & I payment would be approximately $1,820. Conventional lending can close within 30 days from the date of contract.
SBA (Small Business Administration) loans require only 10% down and carry the same general terms as a conventional loan, except, because the down payment is less, the monthly payment increases to approximately $2,185 per month. SBA loans can close within 45 days from the date of contract.