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09-28-15 Agenda, Packet & Committee Meeting Notice
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09-28-15 Agenda, Packet & Committee Meeting Notice
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9/24/2015 2:20:30 PM
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City Council - City Clerk
City Counci - Date
9/28/2015
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SOLD COMPARABLE <br /> Location: 25416 CR 6 <br /> Elkhart, In. 46514 <br /> Brookdale , <br /> Sales Price: $510,000 <br /> Date of Sale: 7-94 <br /> LAND Dimensions: <br /> Size: 20.905 acres <br /> Zone: M-1 <br /> Value: $250, 000 (Sales Comparison) <br /> IMPROVEMENTS Class: Class C (office - originally a school) <br /> Size: 99, 591 Gross <br /> . 72, 000 net leasable <br /> 17, 992 •divided offices <br /> Height: 12/20 <br /> Age: 1974 Effective Age: 56% Phy. 40% Func. <br /> Land to Building Ratio: 9.14':1 <br /> Cost To Create: $61.80 (Segregated .MVS) <br /> Gross $/S.F. : $5.12 <br /> Net $/S.F. : $2.61 . <br /> Rent: $7.02/SF N for office portion ($4 .02 NNN) <br /> PGI: $126,215 <br /> GIN: 4.04 (Using office leaseable only) <br /> Vacancy: OER • Taxes:$ <br /> Management: % <br /> Other: $ <br /> OAR: <br /> Buyer: Walter Piano <br /> Seller: <br /> Deed Record: Tax Key #13-02-28-201-001 <br /> Verified: FM agent for seller <br /> 20% of costs are classroom/ 80% of costs are open area costs. <br /> This was originally built as a middle school. It is located . <br /> in a rural area outside of Elkhart. It was built as a <br /> township school which was later merged with the Elkhart <br /> Community School Corp. <br /> ._ _._ w County woad 6 Heaton Lake. <br /> r <br /> ttiate _, .. :..- <br /> Gt, y`.{.-4,, <br /> :,. „.......-vik. ::--,,e2...:.- -:04::•:.,'4A1 <br /> . s= 'A� :.. f <br /> 55 <br />
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