242 monmouth, wrightstown N J, NY 08562
$3,998,998
List Price
Off Market
Listing ID |
10617027 |
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Property Type |
Commercial Business |
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County |
Albany |
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Township |
wrightstown |
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Neighborhood |
wrightstown |
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Total Tax |
$23,400 |
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FEMA Flood Map |
fema.gov/portal |
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Year Built |
2002 |
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Ideal Investment this property is a money maker - Business did 3.1 Million last year with a profit of 33% last year. labor coast is 8000 a week - 416.000 a year insurance is 35.000 a year Taxes 23.000 a year Total expenses are about 500.000 thousand per year- With the low rate on loans A two Million loan your Cap (profit) is higher over 15% - or a all cash your cash on cash is above 10%. Because of low rates of loans you make A higher percent on your cash. Because of this we believe it will sell fast. property has 3 Garages A is 4,000 sq ft B is 5,000 sq ft C is 3.000 sq ft 3 scales one 70 foot Truck scale Approx 35 40 yards Containers - two tilt beds - 2 rolloffs - 8 forklifts over sixty security cameras and Alarm system - 5 Cranes - Inventory and equipment is worth about 2.5 Million land about 2,2 Million. All cars are GREEND that means all oil is taking out of every car before put in yard ( Transmission - engine - brakes - power steering ) Owner has Car Dealer license - Scrap metal license and Auto Parts license. Too much more to list it all Please send LOI with proof of funds to agent. Subject to Errors and Ominous
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- 3 Full Baths
- 2 Half Baths
- 12000 SF
- 5.93 Acres
- 258 SF Lot
- Built in 2002
- Renovated 2017
- 1 Story
- Available 6/18/2019
Unit #1 –
Gross Area: 12, Occupied
- Hot Water
- Radiant
- 4 Heat/AC Zones
- Electric Fuel
- Natural Gas Fuel
- Natural Gas Avail
- Central A/C
- Manufactured (Multi-Section) Construction
- Wood Siding
- Aluminum Siding
- Asphalt Shingles Roof
- Metal Roof
- Municipal Water
- Municipal Sewer
- Annual Increase: 3.1 Millio
- Monthly Price Sq Ft: 0.00
- Annual Price Sq Ft: 0.00
- Blacets Auto parts (Business Name)
- Class: commercial
- Uses: self service auto parts
- 87 Parking Spaces
- 15% Cap. Rate
- Gross Income $3
- Net Income $440
- Operating Exp $500
- Insurance Exp $35
- Heat Exp $6,000
- Electric Exp $12
- Water Exp $600
- Misc Exp $10
- Total Exp $500,000
- Paid by Landlord: Electric, Heat, Gas, Water, Insurance
- $23,400 Total Tax
- Tax Year 2019
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Michael J Welgoss
MOLLER REALTY INC
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Listing data is deemed reliable but is NOT guaranteed accurate.
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