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21495 Ridgetop Circle , #307

STERLING, VA 20166
  • $349,500
  • STATUS: Active Under Contract
  • ON SITE: 37 Days
  • ID#: VALO2010500
Under Contract
UPDATED: 100 min ago
$349,500
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1999
County:

School Ratings & Info

Description

Investment opportunity! This office condo unit has been leased to the same accounting firm since 2000 and there are now over 5 years remaining of the current renewal. Listed at an attractive 7% cap rate and there are 3% annual escalations. It has a large reception area, a work room, 4 private offices, a kitchenette, and a restroom with a shower.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-28T08:50:03.083.
www.locomusings.com/homes/122628293
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21495 Ridgetop Circle , #307 STERLING, VA 20166

  • Price: $349,500
  • Status: Active Under Contract
  • On Site: 37 Days
  • Updated: 100 min ago
  • ID#: VALO2010500
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1999
Built
County:
Loudoun
School District:
Loudoun County Public Schools
Property Description
Investment opportunity! This office condo unit has been leased to the same accounting firm since 2000 and there are now over 5 years remaining of the current renewal. Listed at an attractive 7% cap rate and there are 3% annual escalations. It has a large reception area, a work room, 4 private offices, a kitchenette, and a restroom with a shower.
Exterior Features

Construction Materials Combination Garage YN No Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 1506.00 Cooling Central A/C Heating Central Heating YN Yes Net Square Feet 1506.00

Property Features

Accessibility Features ElevatorDoors - Lever Handle(S)Doors - Swing InLevel Entry - MainOther Assessment Year 2021 Business Type Professional Central Air YN Yes Cooling Fuel Electric Elevators 1 Gross Income 39000.00 Heating Fuel Electric Hot Water Electric Navigable Water YN N Net Operating Income 24461.00 New Construction YN No Original MLSNumber 801125419770 Owner Pays Association FeesTaxes - Real Estate Ownership Interest Condominium Possession Subject To Existing Lease Property Sub Type Office Sale Type Standard Sewer Public Sewer Tax Annual Amount 2582.00 Tax Assessment Amount 263580.00 Total Actual Rent 39000.00 Vacation Rental YN No Water Source Public Zoning 04

Listing courtesy of East Coast Commercial Investment Realty, Llc.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-28T08:50:03.083.
 
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LoCoMusings | Century 21 Redwood Realty
540 Fort Evans Road Suite 303
Leesburg VA, 20176