MED Realty Exclusive Listings


Click on a type of listing below to jump to that category:
[single family] [condo/townhouse] [Co-Op] [mobile home] [adult community] [Rental] [multi family] [land] [commercial]




Single Family:



Howell: Monmouth Cnty.
MLS
$349,500
(ask for Carl)
click to enlarge
Tour the property
Tour the property
Tour the property
Moors Landing. Single Family home with 3 bedrooms, 2 ½ bath with large rear yard which is completely fenced and backs to babbling brook & treed conservation area. New kitchen with oak cabinets & granite countertop. Newer appliances in kitchen. Pergo floors throughout downstairs. Three new Baths. Pergo floor is upstairs except in bedroom #2. Newer central AC. New front door & rear patio door. Located on cul-de-sac. Pets OK. Community Pool & Tennis Club.
____________________________________________________________________________


Howell: Monmouth Cty.
MLS
$229,900
(Ask for Carl)
click to enlarge
Tour the property
Tour the property
Tour the property
Tour the property
Tour the property
Tour the property
Tour the property
Tour the property
Tour the property
COMPLETELY RENOVATED 3-4 BEDROOM, 1.5 BATH RANCH. NEW KITCHEN WITH 42" MAPLE CABINETS AND ALL NEW STAINLESS STEEL APPLIANCES. LARGE PANTRY IN KITCHEN. NEW HARDWOOD FLOORS THRUOUT. FAMILY ROOM HAS CATHEDRAL CEILING WITH SKYLIGHTS. PROPERTY IS FENCED. NEW CENTRAL AIR. NEW FURNACE. NEW HOT WATER HEATER. NEW WINDOWS. NEW VINTL SIDING. NEW DRIVEWAY. 4 FOOT STORAGE BASEMENT. SHEDS.
____________________________________________________________________________


Howell: Monmouth Cty.
MLS
$349,500
(Ask for Carl)
MOORS LANDING - SINGLE FAMILY HOME WITH 3 BEDROOMS, 2 ½ BATHS. LARGE YARD COMPLETELY FENCED & BACKS TO BABBLING BROOK & TREED CONSERVATION AREA. NEW KITCHEN INCLUDES OAK CABINETS & GRANITE COUNTERTOP & NEWER APPLIANCES. PERGO FLOOR THRUOUT DOWNSTAIRS. THREE NEW BATHS. PERGO FLOORS UPSTAIRS EXCEPT IN BEDROOM #2. NEW CARPET. NEWER CENTRAL AC. NEW FRONT & REAR PATIO DOORS. LOCATED ON CUL-DE-SAC. NEW ROOF, LEADERS & GUTTERS. NEW GARAGE DOOR. NEW REFRIGERATOR. NEWLY PAINTED. PETS ALLOWED. COMMUNITY POOL.
____________________________________________________________________________


Toms River: Ocean Cty.
MLS
$349,900
(Ask for Marlene)
MINT CONDITION 4 BEDROOM, 2.5 BATH SPLIT LEVEL LOCATED IN GEORGETOWN. NEW KITCHEN AND DINING AREA WITH SLIDING DOORS LEADING TO A 33 X 15 DECK OVERLOOKING BEAUTIFUL LANDSCAPPED, FENCED BACKYARD. NEWER CARPET AND PAINT THRUOUT. LARGE FAMILY ROOM WITH FIREPLACE. PLENTY OF ATTIC SPACE.
____________________________________________________________________________




Condominiums and Townhouses:



Manalapan: Monmouth Cty.
MLS
$414,900
(Ask for Carolyn)
click to enlarge
Tour the property
Tour the property
Tour the property
Tour the property
Tour the property
Tour the property
Tour the property
Tour the property
Tour the property
IN MEADOW CREEK: RARE 4 BEDROOM AND FINISHED BASEMENT PURDUE MODEL BEST LOCATION OVERLOOKING GREEN AND TOT LOT. SHORT WALK TO THE CLUBHOUSE. UPGRADES: LIGHT CHERRY KITCHEN CABINETS, GRANITE TUMBLED BACKSPLASH, HARDWOOD FLOORS, APPLIANCES, BATH TILE AND CABINETS, WHIRLPOOL JET TUB, PATIO, VAULTED CEILING IN MASTER BEDROOM, 3 ZONE HEAT AND CENTRAL AIR. ENERGY STAR CERTIFIED HOME. LIVE THE RESORT TYPE LIFESTYLE IN A TERRIFIC COMMUNITY. GREAT FOR A GROWING FAMILY. FLEXIBLE CLOSING.
____________________________________________________________________________




CO-OP:

No Listings at this Time.



Mobile Home:

No Listings at this Time.



Adult Community:



Manchester: Ocean Cty.
MLS
$249,900
(Ask for Carl)
click to enlarge
Tour the property
Tour the property
Tour the property
Tour the property
Tour the property
Tour the property
Tour the property
MINT CONDITION CADBURY MODEL IN COUNTRY WALK (THE ONLY MODEL WITH A SEPARATE GREAT ROOM). KITCHEN FEATURES 42” CABINETS, DOUBLE WALL OVEN, COUNTER-TOP RANGE, MICROWAVE & CERAMIC TILE FLOOR. SUN TUBE IN KITCHEN. HARDWOOD FLOORS. MASTER BEDROOM WITH WALK-IN CLOSET AND JACUZZI BATH. RECESSED LIGHTS IN LIVING, DINING & GREAT ROOMS. FRENCH DOOR TO PATIO. SECURITY SYSTEM. LOWEST PRICED CADBURY ON MARKET. MAINTENANCE FEE INCLUDES POOL, LAWN, SNOW, TRASH ETC. PETS ALLOWED. SELLER WILL INCLUDE IN SALE A 3 BEDROOM, 2 BATH TIME-SHARE IN KISSIMEE FLORIDA (can be split into 2 units). THERE ARE 4 WEEKS BANKED. MAINTENANCE & TAXES ARE $408./YEAR.
____________________________________________________________________________


Marlboro: Monmouth Cty.
MLS
$255,900
(Ask for Carolyn)
PRICED TO SELL. SPACIOUS CAMBRIDGE MODEL IN GREENBRIAR NORTH. LARGE EAT-IN KITCHEN, FORMAL DINING ROOM, LINING ROOM WITH VAULTED CEILING & SKYLIGHTS. FAMILY ROOM OR POSSIBLE 3RD BEDROOM. NEWER: A/C, HOT WATER HEATER, FURNACE, PERGO FLOORING, CUSTOM BLINDS, MIRRORED DINING ROOM WALL, ROOF UNDER 10 YEARS. ENCLOSED PORCH WITH SLIDERS ADJACENT TO PREMIUM PRIVATE REAR YARD WITH PAVER PATIO . WITH A LITTLE UPDATING, THIS COULD BE YOUR PALACE! ENJOY THIS EASY, ACTIVE ADULT LIFESTYLE. SHORT WALK TO CLUBHOUSE AND ACTIVITIES.
____________________________________________________________________________




Rentals:





Multi-Family:



Freehold Borogh: Monmouth Cnty
MLS
$289,900
Ask for Carl
click to enlarge
View the property
TWO FAMILY HOME. FIRST LEVEL = 1 BEDROOM AND 1 BATH. SECOND LEVEL = 2 BEDROOM AND 1 BATH. INCOME: $2100 UPSTAIRS AND $900 DOWNSTAIRS PER MONTH. TAXES $4400. INSURANCE = $600. NEW OWNER WILL YEILD 12% AFTER MORTGAGE. NEW OIL TANK. FURNACE 10 YEARS. GAS HOT WATER. WASHER INCLUDED.
____________________________________________________________________________




Land:





Commercial:



Marlboro: Monmouth Cnty
MLS
$199,900
Ask for Marlene
FAMILY OWNED AND OPERATED RESTAURANT IN BUSINESS OVER 10 YEARS. LARGE KITCHEN, IDEAL FOR CATERING. BUSY STRIP MALL, CONVENIENTLY LOCATED RIGHT OFF ROUTE 9.
____________________________________________________________________________


ALABAMA: Huntsville
West Jordan Plaza
Offering Price $2,500,000
(Ask for Carl)
click to enlarge
View the property
View the property
View the property
Download these documents to your computer by saving this link Property Desc.doc, And the Rent Report here, Rent Report..

PROPERTY DESCRIPTION AND LOCATION
Identity & Surroundings: West Jordan Plaza lies within the city of Huntsville and centrally located off Highway 72. It is located in a light industrial area that supports the retail located on Highway 72.
General Description: The single story facility has 41,906 square feet. Most units Consists of 20% office space and 80% warehouse space. The ceiling heights in The warehouse are 14 ft clear and have a 12 ft bay door. The building was built In 1986. The building sits on 2.11 acres of land.
Site Details: The topography of the site is slightly sloping. Landscaping consists Of grass, flowering plants, shrubs and trees.
Site Area: Approximately 2.11 acres.
Parking: 123 spaces
Utilities: Utilities provided to the property include electric, water, sewage, and Gas. Utility companies providing services to the site include:
Water and sewerHuntsville Utilities
FiberBell South/Comcast
TelephoneBell South/Comcast
ElectricHuntsville Utilities

Type: Office/Warehouse
Year Built: The building was built in 1986
Structure: Metal building
Roof: Metal (good condition)
Fuel Sources: Heating - electric
Air conditioning - electric
HVAC System: each unit has separate HVAC Systems. The HVAC equipment consists of heat pumps ranging from three to seven tons.
Zoning: The property is zoned Light Industrial District by the City of Huntsville.

The building contains both warehouse & office space & light industrial.
There are 9 tenants + 1 vacancy.
Most spaces are all electric, one is gas.
There is no deferred maintenance. Parking lot in good shape.
Each unit has water & sewer.
Property contains 2.11 acres. There are 123 parking spaces.
The front of the building is brick & glass.
Property Description
West Jordan Plaza (WJP) is a multi-tenant office warehouse building located in the West Central section of Huntsville, Alabama. The subject property consists of 41,906 total sq. ft. The building sits on 2.11 acres of land.
Total Square D=Feet41,906
Occupancy93.8%
Parking123 spaces
ZoningLight Industrial
Acreage2.11 Acres
Huntsville Market
Huntsville is the third largest metropolitan area in the state of Alabama and is recognized as a city with large growth potential in the nation’s most economically active region, the southeastern United State.
The community’s principle economic strength is in the field of high technology and defense. The hub of Huntsville’s business activity is based in Cummings Research park, which is the world’s second largest planned research park, as well as other industrial parks including Jetplex Industrial park, Chase Industrial Park and Thornton Research Park. Many well-known companies are attracted to these parks in Huntsville,. Companies such as Boeing, Lockheed martin, Raytheon, Teledyne, TRW and Northrop Grumman are all located in Huntsville.
Income Statement
MONTHLY YEALRLY
$21,599.53 INCOME $259,194.42
$3,641.57 Expenses $43,699.00
17,957.96 GROSS INCOME 215,495.42
EXPENSES
1,186.58 Taxes 14,239.00
341.66 Insurance 4,100.00
800.00 Management 9,600.00
125.00 Parking Lot Sweep 1,500.00
155.00 Pest 1,860.00
200.00 Landscape 2,400.00
500.00 Electric & Water 6,000.00
333.33 Repair & Reserve 4,000.00
3,641.57 Total Expenses 43,699.00
MORTGAGE COST
ASSUME 20% DOWN (500,000) @ 7 ½% FOR 30 YEAR MORTGAGE AMOUNT 2,000,000.00
14,000.00 Mortgage Cost 168,000.00
3,715.00 Net Income 44,579.91
YEILD ON FUNDS INVESTED 8.6%
SELLER WILL GUARANTEE THE INCOME ON THE VACANT 2,000 SQ. FT. @ $7 A SQ. FT. FOR 12 MONTHS, IF UNRENTED BEFORE CLOSING.

WEST JORDAN PLAZA RENT ESCALATION
TENANTPERCENTAGE INCREASE YEARLY
Satellite Unlimitedno escalation
Accent Human Resourcesno escalation
Rep Techno escalation
Direct Buy3%
Alabama Dept. of Transportationleases 1 yr at a time (anticipated 4% increase)
Ana Lab 4%
Marco Industries3%
Orkin Exterminators3%
Martechno escalation
Commercial Rent Report
Report Date From 2/1/2006 TO 2/10/2006
PROPERTY: Stage Road Development, LLC
Occupant Name Square Feet Lease Term From Lease Term To Unit Info Base Rent Prorated Base Rent Annual Rent Per SQ FT/YR Base Rent Increase Date Base Rent Increase Amount Operating Expense Month Operating Expense SQ FT/YR Real Estate Tax Month Real Estate Tax SQ FT/YR CPI Expense Month Gross Rents Total
___________________________________________________________________________________________________________________________
Satelite Unlimited, INC 3,200 04/01/2006 3/31/2008 632.67 7,592.04 2.37 04/01/2005 632.67 181.33 0.68 85.33 0.32 50.67 975.00
Ana-Lab Corp 1,713 02/01/2005 1/31/2008 660.93 7,931.16 4.63 02/01/2006 660.93 97.07 0.68 45.68 0.32 27.12 830.80
02/01/2007
Accent Human Resources, INC 2,465 02/01/2006 1/31/2009 1,000.00 12,000.00 4.87 02/01/2006 1,000.00 0.00 0.00 0.00 0.00 0.00 1,000.00
02/01/2009
02/01/2010
*** VACANT *** 600 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
JNA Enterprizes, INC 7,940 12/01/2004 11/30/2010 6,338.77 76,065.24 9.58 12/01/2005 6,338.77 449.93 0.68 211.73 0.32 132.33 7,132.76
12/01/2006
12/01/2008
12/01/20059
Alabama Dept. of Trans 2,106 05/15/2004 1,360.13 16,321.56 7.75 06/01/2004 1,360.13 0.00 0.00 0.00 0.00 0.00 0.00 1,360.13
Tobb Betha/Rep Tech 8,166 12/01/2004 11/30/2006 1,750.20 21,002.40 2.57 12/01/2004 1,750.20 129.20 0.19 217.76 0.32 462.74 2,560.00
Macro Industries, Inc 8,242 09/01/2003 8/31/20083,186.23 38,234.76 4.64 09/01/2005 3,186.23 0.00 0.00 0.00 0.00 0.00 0.00 3,186.23
09/01/2006
09/01/2007
Orkin Exterminating Co,pany 3,200 09/01/2003 8/31/2008 2,533.33 30,399.96 9.50 09/01/2005 2,533.33 0.00 0.00 0.00 0.00 0.00 2,533.33
09/01/2006
09/01/20057
Martee Incorperated 1,800 07/01/2003 6/302007 645.00 7,740.00 4.30 08/01/2005 645.00 180.00 1.20 0.00 0.00 0.00 825.00
*** VACANT *** 2,000 1,417.00 0.00 7.00 0.00 0.00 0.00 0.00 0.00 0.00 1166.66
Rep Tech, Inc 580 08/01/2004 11/30/2006 305.00 3,660.00 6.31 08/01/2005 305.00 58.00 1.20 0.00 0.00 0.00 363.00
___________________________________________________________________________________________________________________________
Property Totals 42,012 19,829.26 220,947.12 5.61 1,095.63 0.31 560.50 0.16 672.86 21,932.91
Total Occupied Square Feet 39,412
Total Vacant Square Feet 2,600

 
Phone: (732) 780-5200
FAX :  (732) 780-0505
Email: med@medrealty3percent.com

About Us
LocationContact
Home