Buyer is not purchasing the building, they are purchasing the seller carry contract secured by this building in first position. Wonderful investment opportunity. Original balance financed $126,400; interest rate 5%; monthly payment $1,340.67, no balloon payment, fully amortized through 3/1/2031, no prepayment penalty, due on sale clause. Collection escrow in place. Call for more information. Owner well vested and sale of contract is due only to the declining health of the lien holder.
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