PROFESSIONAL OFFICE OR MEDICAL SPACE The building/property is in excellent condition, well maintained and professionally managed. The building is accessible and includes 10 accessible parking spaces in addition to 106 on-site free unassigned spaces. The property is open to a wide variety of professional office uses and have multiple rooms, large and small offices, bathrooms, and elevator access. Included in the rent are real estate taxes, property insurance and common area maintenance. Tenant is responsible for its own utilities, HVAC and interior cleaning. Third floor office suite currently fit up as medical office with large waiting room, several offices, three internal bathrooms, several exam rooms. Lots of windows and natural light with elevator access. This space could accommodate many professional office users. Ten accessible parking spaces right in front of the building with automatic accessible double doors. Real estate taxes, property insurance and common area maintenance are included in the rent. See attached floor plan. Current tenants in the building are Edward Jones Investment, Portsmouth Regional Hospital Lab Services, Appledor Medical Group - Hampton Internal Medicine and Clipper Cardiovascular Associates, Pediatric Associates of Hampton & Portsmouth, P. C. , Atlantic Digestive Specialists and Smiles By The Sea Family Dentistry.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $16 | $16 | $16 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $0 | $0 | $0 |
Total Monthly Payment | $75 | $75 | $75 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.