6105-6155 El Camino Real, Atascadero

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Scott Ehrke DRE License # 01012637
Brian Thorndyke DRE License # 01059808
A QUALITY COMMERCIAL INCOME INVESTMENT!
Visual Tour of this building online, at www.scottandbrian.com
BEAUTIFULLY REMODELED DOWNTOWN COMMERCIAL IN ATASCADERO! This 3,800+/-SF two unit commercial
building provides a fantastic income (well over $60,000/year), minimal expenses and maintenance, and an incredible location
adjacent to the historic Carlton Hotel, in Atascadero’s revitalized downtown Colony District. Existing tenant leases run thru
2014 (“The Spa Central Coast” and “Haven Wine Bar”) – with both units beautifully improved and well managed. You’ll
generate a ‘7++ CAP RATE’ on this QUALITY investment opportunity, and even enjoy the convenience of owner financing.

Great location right next to the historic Carlton Hotel – and close to Hwy 101

Recently remodeled, with many upgrades & minimum upkeep/maintenance

2 separate leased units, in the lovely, revitalized Downtown Colony District

100% occupancy with quality tenants and on leases until December of 2014
--- Facts and Figures at a Glance --

Zoned ‘Downtown Commercial’ – in the heart of ‘downtown’ Atascadero
Incredible location adjacent to the highly recognized CARLTON HOTEL
Great income generation at over $60,000/year – with minimal expenses
Both units are highly improved by tenants, adding stability to investment
Owner financing is available, with 30% down – what are you waiting for!
Offered at a ‘7.2 CAP RATE’ on NOI (Net Operating Income)
$750,000 (M LS # 191376)
1101 Riverside Ave. #B
Paso Robles, California 93446
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This commercial investment stands out above the rest! Beautifully renovated
building with long term tenant leases (thru the end of 2014), great income
($5,300/mo, $63,600/year) and minimal maintenance and expenses (no management
fees, no HOA, etc). Ideal for an investor looking to purchase a quality holding at a
realistic value! And the owner financing is an added benefit (preference is 30%
down, with 70% carryback). Age, sq.ft. & expenses have not been verified by agent.
Offered by Scott Ehrke/Brian Thorndyke, 238-1555
~ Aerial Map View ~
~ Parcel Map ~
MAP 6105-6155 El Camino Real, Atascadero MLS # 191376 | Offered by RE/MAX Parkside Real Estate
2012 Income/Expense Proforma
Income
The SPA Central Coast
( $3,200/month )
Haven Wine Bar
( $2,100/month)
38,400.00
25,200.00
63,600.00
Total Income
Expenses
Property Taxes
Insurance
Management Fee
Onsite Maint.
Utilities:
(based on $750,000)
N/A
tenant
Water
Gas
Electricity
Billing Company
Grounds Maint.
Trash Removal
Building Repairs/Cleaning
Plumbing Repairs
Fire Monitor
8,458.00
830.00
-
tenant
tenant
tenant
tenant
tenant
tenant
tenant/landlord*
tenant/landlord*
N/A
9,288.00
Total Expenses
NET OPERATING INCOME (estimated)
CAP Rate at:
54,312.00
hypothetical
$775,890 purchase price
7 CAP
7.25 CAP
7.5 CAP
NOTE: Income and expenses are based on information provided, but are subject to change and fluctuation.
Information contained is not guaranteed, and should be verified by any prospective purchaser.
* Per lease agreements, tenant responsible for all building maintenance except for roof, foundation & exterior walls
Marketed by: Scott Ehrke and Brian Thorndyke
RE/MAX Parkside Real Estate
805-238-1555 or www.scottandbrian.com