West Plaza, San Antonio TX Shopping Center

Recently closed, October 2015. 10,964 square feet shopping center located in San Antonio Texas. $82 per sq foot. Built in 1984, property features Edward Jones & State Farm Insurance. Huge upside potential, due to the 64% vacancy factor. Proforma ROI with lease up = 25% We represent Buyer’s & Seller’s of investment properties in the Los Angeles and San Fernando Valley areas. Our clients goals are our #1 priority. Any questions, Feel free to call Simon Asef, CCIM at (818)761-4252 ext. 102 Purchase Price: $900,000 Down payment: $200,000 Loan amount: $700,000 Loan Terms: 5% 25 years amortization Proforma Net Operating Income: $145,000 Debt Service: $37,260 Proforma Return on Investment (ROI)= 25% Proforma (post stabilization) value = $1,930,000