Description
SIX MONTHS MORTGAGE PAYMENTS WAIVED on SBA financing for owner-users. SBA 504 program April effective rate is 3.08%. 25 yr. amortization. See www.cdcloans.com. The property consists of three commercial condominium units situated at the entrance to Piazza D’Oro, a planned mixed use community located at the heart of Oceanside’s residential, commercial, and medical centers. Potential uses include medical, dental, professional, personal services, retail, eating and drinking. The buyer is responsible to confirm that its planned use complies with zoning and other use restrictions. Owner-users can operate their business in one unit while enjoying rental income from the other units until they are needed for future expansion or sell them for an immediate cash return. Investors can take advantage of two in-place leases while positioning the vacant unit for maximum return or selling one or more of the units to reduce their basis.