The Barry Street Plaza is an ideal location for small businesses in the Oxford area that do not require high visibility. The clean, quiet area with busy side streets is perfect for easy access and commerce. This property has a proven rental record that boasts 95-100% occupancy, since 2011. There are 8 units totaling 12,000 sq ft. The exterior structure is brick and metal with a standing-seam roof. The property has been well maintained with little to no deferred maintenance required of the new owner. The complex is located 1/8 of a mile from the intersection at 78 W and Barry Street near Interstate 20. It has moderate traffic flow. The traffic flow has a projected future increase with the commercial growth in adjacent properties. With projected commerce development and increased traffic flow, the property is set to increase in value. Currently, rental rates are below market value which allows new owner to add immediate value by increasing rates.
*This Payment Calculator is intended for educational and planning purposes only. **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Information is provided in part by the IDX Program of the Birmingham Area Multiple Listing Service. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.