That information is not available on our local MLS so no agent except the listing agent can answer that. I have already emailed your question over to him and when he responds I would gladly convey that information back to you privately if you email me at email@example.com
The sellers have reduced the price by over $500,000 since putting it on the market 90 days ago.
The cap rate is 6%. A copy of P&L's would be provided for you and your advisers to review upon entering into escrow. Value is determined based on the cash flow's relationship to purchase price.
You should make sure that whoever you choose to represent you in this type of transaction has experience selling commercial properties over the million dollar price range. I can assure you that will narrow the field of practitioners.
I would be happy to dialogue further about this property, and other commercial real estate investment opportunities if you contact me at 707-292-8400.
Yarrow Kubrin, Realtor
Keller Williams Realty International, Santa Rosa West
Certified Luxury Home Marketing Specialist (CLHMS), Million Dollar Guild
Institute for Luxury Homes Marketing Member
Office phone: 707-206-4500