Amazing 55,000 + Sq Ft Office/hospital Building Fully Occupied On 3 Acre Site

$ 200000.00

Description

This amazing 55,000 plus Square Foot Office/hospital Building, 4 story building with 2 elevators and full finished basement . Located on a 3 acres site with 2 full parking facilities one is a 3 story concrete indoor parking garage. Building is in perfect condition (NEEDS NO REPAIRS) . Newer building built in 1968. Rare find for the money. Building is Fully occupied . Building is being used as a Hospital and office building from what we know. There are NO BACK TAXES NO VIOLATIONS this is a recent foreclosure that my client has just taken over. My client has very limited infomation. He has not approached the tenants as of yet and does not live in MI. We have no info on leases if any or amount of rent thats to be paid. But to give you a projected conservative monthly rent roll would be greater then $25,000 Monthly which is $300,000 yearly. You would have to decide to issue new leases or evict tenants. We do not have interior photos but interior is in great shape. Building is offered for sale two ways. First at a major discount for a as is quick sale with quit claim deed. Deposit will be due within 2 days and full payment within 4 days of the end of sale. Funds will be wired to a local Michigan title company of sellers choice. Title company will collect the funds and record your deed. Present all offers and or trades. Please understand Option #2 of sale, warranty deed with up too 2 weeks to close. Present Starting offers to be greater then $550,000. If terms of sale are NOT discussed prior to closing if final bid is excepted it will be sold via quit claim deed ONLY and deposit of 25,000 is due within 2 days and full payment within 4 days of close of sale. I will offer more time to overseas investors needed time to wirer money. Please be serious with this sale I tried to explain terms and info as best as possible if you do not understand please ask before you bid. Of coarse this is a as is sale. Tenants will come with building. Address of building is 211 Glendale Highland Park MI 48203. Im a realtor with over 80 wholesale properties if your interested in my list please let me know. Send me your email address and I will forward them to you. They are NOT on the open MLS market. Brokers and other realtors are welcomed.