The offering consists of 4 contiguous professional office condominiums that have been leased by the same firm for over 10 years and who just signed a new 2 year lease. Units 14, 15, & 16 are +-1000 SF each and Unit 17 is +-1200 SF. Each unit benefits from annual cell tower lease income which covers the majority of the owner's association dues creating a diversified income stream and minimal carrying costs even if units were not rented. SELLER WILL CARRY 90% INTEREST ONLY. These units occupy the prime location in the entire 17 unit complex at the front corner on the upper "grade-level accessible" floor, with the greatest window line and best views. Priced at a +-7.9% cap, this is an exceptional investment opportunity.

Location Description:

The City of Auburn, California, is the county seat of Placer County, one of the fastest growing counties in the State. Auburn is part of the Greater Sacramento Area and is located at the crossroads of Interstate 80 and Highway 49, only one-half hour from Sacramento and 1 hour from the Lake Tahoe region. The town is nestled in the Sierra Foothills at a comfortable 1,300 feet elevation - above the fog and below the snow. Auburn overlooks the beautiful American River Canyon which offers an abundance of outdoor recreational activities.

The property is conveniently located on the Grass Valley Highway (Hwy 49) corridor between I-80 and Bell Road. It lies only one block off Highway 49 in a serene setting, yet walking distance to restaurants, stores and various services.

Highlights:

>> Annual cell tower income to offset dues!

>> Best location in complex

>> Serene garden setting with outdoor seating.

>> Walking distance to restaurants, stores and services.

>> Minimal carrying costs.

>> Diversified income stream.

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Seller carry up to 90% LTV, interest only at 8% for qualified buyer.

Sales Info:

>> Commision split: 3.0%