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Arlington Pines
2000-2040 Palm Bay Road NE
Palm Bay, FL
17,760 Sq. Ft.
Property Facts
| Building Area: | 17,760 Sq. Ft. |
| No. of Units: | 24 Retail/ Office Units |
| Unit Range: | 740 Sq. Ft. |
| Year Built: | 1978 |
| Construction: | CBS |
| Zoning: | CC Community Commercial |
| Air Conditioning: | 100% Central Air |
| Building Height: | Single Story |
| Frontage: | 290 Feet |
| Parcel Size: | 1.86 Acres |
Property at Purchase
| Purchase Price: | $850,000.00 |
| Purchase Price PSF: | $47.86 |
| Occupancy at Purchase: | 40% |
| Average Rent PSF At Purchase: | $8.00 PSF |
After Renovation and Transformation
| Current Replacement Cost Value: | $225 PSF |
| Occupancy After Two Years of Ownership: | 75.00% |
| Average Rent PSF After Renovation: | $14.00 PSF |
| Renovation Capital Expenditures: | $10.00 PSF |
