MLS Number 4850406
- Year Built 1983
- Acreage 1.6
- NOI 197751
The USDA Forest Service has been a tenant since 1993, and its lease ends 30 Sep. 2021. That federal agency is building its new Green Mountain National Forest HQ this year on US 4 in Mendon. Ample paved parking on-site for up to 92 vehicles, plus the 8 bays of the on-site 30' x 95' maintenance garage. Two deeds in: Bk 261, Pgs 76-78, and Bk 292, Pgs 329-334. All 5 HVAC roof units have been replaced in the last decade, and the parking lot has been re-sealed recently. A great 1031 replacement income property! Priced at a 9.9% Cap Rate using 7.5% vacancy and 2.5% capital reserve assumptions.
Listed by Ault Commercial Realty, Inc.