Commercial Plaza for Business or Retail. Plaza has great potential looking for that investor that can take this plaza to another level. Property fronts heavy volume traffic on Howland Blvd. 7 units total and 1 Large 1 car/truck garage. Approximately 90% rented. Property zoned C-1 which has numerous usuages. Property has hooked up to water and currently has septic. Sewer lines are available to be hooked up. Being hook up to sewer will bring more usages such as serving food. Owner wants to retire whom is motivated and looking for reasonable offers.
Owner is offering Owner Financing at an interest rate of 6.85% amortized for 30 years and ballon in 5 years with 50% downpayment.
2820 Howland BOULEVARD, Deltona, FL, 32725
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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