MED Realty Exclusive Listings


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[single family] [condo/townhouse] [Co-Op] [mobile home] [adult community] [Rental] [multi family] [land] [commercial]




Single Family:



Freehold Borough: Monmouth Cnty.
MLS
$175,900
(ask for Marlene)
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LOCATED ON QUIET STREET. EAT-IN KITCHEN. PERGO FLOORS DOWNSTAIRS. NEW WINDOWS. NEWER ROOF. 5 AIRCONDITIONER UNITS. PARTIALLY FINISHED WALK-OUT FULL BASEMENT. OIL TANK IN BASEMENT. 2-CAR DETACHED GARAGE. FENCED IN YARD. THIS IS A SHORT SALE.
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Freehold Borough: Monmouth Cnty.
MLS
$269,900
(ask for Carl)
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THREE BEDROOM, 2 FULL BATH BI-LEVEL IN EXCELLENT CONDITION. NEWER CARPETING. LARGE FAMILY ROOM 14X12. CENTRAL AIR CONDITIONING. PULL DOWN ATTIC STORAGE. LARGE REAR YARD COMPLETELY FENCED. BRICK FRONT AND VINYL SIDING. SHED IN REAR. ____________________________________________________________________________


Howell: Monmouth Cty.
Office Exclusive
$229,900
(Ask for Carl)
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3 Bedroom, 1½ bath, Ranch
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Howell: Monmouth Cnty.
MLS
$349,500
(ask for Carl)
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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.
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Jackson: Ocean Cty.
MLS
$249,900
(Ask for Carl)
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RENOVATED CAPE. 5 BEDROOM, 2.5 BATH WITH FULL FINISHED BASEMENT. THIS HOME HAS BEEN FRESHLY PAINTED AND FEATURES: NEW BATHS, CENTRAL AIR, WOOD FLOORS THRUOUT AND NEW WINDOWS . THE OUTSIDE IS VINYL SIDED AND HAS A NEW ROOF, NEW SPRINKLER SYSTEM, AND A NEWLY SIDDED LAWN. THE LARGE PROPERTY IS FENCED.
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Jackson: Ocean Cty.
$389,900
(Ask for Carl)
UPDATED COLONIAL WITH 5/6 BEDROOMS AND FULL BASEMENT ON ALMOST 3 ACRES. POSSIBLE MOTHER/DAUGHTER. FEATURES THREE FIREPLACES AND HARDWOOD & CERAMIC TILE FLOORS THRUOUT. BONUS ROOM OVER GARAGE WITH A WOODBURNING STOVE WHICH CAN BE CONVERTED TO AN OFFICE/6TH BEDROOM. LARGE BACHYARD WITH A 2-TIER DECK AND PATION WHICH OVERLOOKS AN INGROUND, FULLY FENCED POOL.
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Jackson: Ocean Cty.
MLS
$399,900
(Ask for Carl)
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MINT CONDITION COLONIAL IN FLAIR DEVELOPMENT. 3 BEDROOMS, 2.5 BATHS WITH FULL BASEMENT. EAT-IN KITCHEN WITH CERAMIC TILE FLOOR AND NEWER CABINETS. LARGE FAMILY ROOM WITH FIREPLACE. SEPARATE DEN OR 4TH BEDROOM ON FIRST FLOOR. PAVER PATIO AND LARGE FENCED REAR YARD.
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Toms River: Ocean Cty.
MLS
$359,900
(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.
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Condominiums and Townhouses:



Old Bridge: Middlesex Cty.
MLS, Under Contract
$234,900
(Ask for Carl)
MINT CONDITION RANCH STYLE TOWNHOME IN SOCIETY HILL. 2 BEDROOMS, 2 FULL BATHS PLUS LARGE ENCLOSED SUNROOM. NEW KITCHEN WITH MAPLE CABINETS, COUNTERTOPS & CERAMIC TILE FLOOR. NEW CERAMIC TILE ENTRY FLOOR. NEWER CARPETING THRUOUT. LARGE LIVING ROOM AND DINING ROOM WITH FIREPLACE. FENCED PAVER PATION OVERLOOKS LAKE. WALK TO SHOPPING. CLOSE TO BUS & TRAIN. PETS OK.
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CO-OP:

No Listings at this Time.



Mobile Home:

No Listings at this Time.



Adult Community:





Rentals:



Jackson: Ocean Cty.
MLS, Under Contract
$1,900
(Ask for Carl)
RENT WITH AN OPTION TO BUY**. RENOVATED CAPE 5 BEDROOMS, 2.5 BATHS WITH EAT-IN KITCHEN & FULL FINISHED BASEMENT. THIS HOME HAS BEEN FRESHLY PAINTED AND FEATURES: REFINISHED WOOD FLOORS THRUOUT, NEW BATHS, CENTRAL AIR, NEW FURNACE, NEW HOT WATER HEATED, AND NEW WINDOWS. NEW ROOF. LAWN SPRINKLER SYSTEM. NEW SODDED LAWN. LARGE FENCED PROPERTY.
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Multi-Family:



Jackson Township: Ocean Cnty
MLS
$1,900
Ask for Carl
RENT WITH AN OPTION TO BUY**. RENOVATED CAPE 5 BEDROOMS, 2.5 BATHS WITH EAT-IN KITCHEN & FULL FINISHED BASEMENT. THIS HOME HAS BEEN FRESHLY PAINTED AND FEATURES: REFINISHED WOOD FLOORS THRUOUT, NEW BATHS, CENTRAL AIR, NEW FURNACE, NEW HOT WATER HEATED, AND NEW WINDOWS. NEW ROOF. LAWN SPRINKLER SYSTEM. NEW SODDED LAWN. LARGE FENCED PROPERTY.
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Freehold Borogh: Monmouth Cnty
MLS
$289,900
Ask for Carl
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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.
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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.
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ALABAMA: Huntsville
West Jordan Plaza
Offering Price $2,500,000
(Ask for Carl)
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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

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

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