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This 2,055 square foot medical office is fully built out and move in ready for a medical practice or general office user. There are also two existing tenants in separate buildings on the property that provide a stable monthly income from their rents. The site is located near the major intersection of Washington and Belair road and adjacent to Fatz Cafe along with the University Hospital Medical Complex. Immediate are retailers include The Home Depot, Publix, CVS, Walgreens, Verizon, Cracker Barrel, Lowes, along with many more national brands. Demographics are strong, stabilized, and growing form the influx of high paying positions being relocated to Augusta to support the new NSA and Cyber Command of the U.S. Government. This medical office has two great bonuses with the investment income and future redevelopment potential.
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This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate.
Residential (or Property) Taxes are a little harder to figure out... the average residential tax rate seems to be around $14 per year for every $1,000 of your property's assessed value.
Let's say that your property's assessed value is 85% of what you actually paid for it - $616,250.00.
This would mean that your yearly residential taxes will be around $8,627.50.
This could add $718.96 to your monthly payment.