Detailed Introduction Of This Home
REMARKABLE INVESTMENT OPPORTUNITY! Wait till you see the perfect, central, and convenient location of this 48 unit office/mini storage facility with over 11,700 sq. ft. of rental space on a level, 36,358 sq. ft. street-to-street lot in the 'miracle mile' district of Big Bear Lake. Property includes 38 units of various sizes for personal/business storage and 10 office space rentals (2 @ 1600 sq. ft. and 8 @ 400 sq. ft.). office units come complete with kitchenette and half bathrooms (a few with showers). Lots of potential to increase monthly income. Most of the current rents are below current market rents. CAP Rate is 8.0% based on actual rents (Three vacancies).