Awesome investment opportunity in the Western Sullivan Catskills is now available. Strong tenant, Napa Auto Parts, with 10+ years to go on the lease (two 5-year options). This is a win-win with a 10% cap rate and annual increases!! 7400 SF building in good condition fronts on State Route 52 in Jeffersonville on 2. 53 +/-acres with plenty of parking and room to expand. Jeffersonville is a busy little town with supermarket, gas station, shops and restaurants. The location is directly next door to tractor sales establishment. Also offered as part of a investor's bundle which includes two other Napa locations Monticello and Liberty.
4547 State Route 52, Jeffersonville, (Callicoon), NY, 12748
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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