SUBJECT PROPERTY CONSISTS OF A ~7,300 SF DEMISED AIRHANGER STRUCTURE LOCATED WITHIN THE MASSEY RANCH "INDUSTRIAL" AIRPARK IN EDGEWATER, FLORIDA. BUILDING IS COMPRISED OF 3 SEPARATE UNITS ENTAILING 960 SF (HVAC'D SPACE), 2,500 SF (HVAC'D SPACE WITH A ~900 SF MEZZANINE OFFICE) & 3,840 SF (NON-CLIMATIZED) AIRCRAFT HANGER SPACE. ALL OF THE EXISTING UNITS ARE PRESENTLY OCCUPIED UNDER LEASE, OR BY THE OWNER OF THE PROPERTY. THE BUILDING MAINTAINS DIRECT ACCESS TO THE TAXIWAY WITH FOUR AVAILABLE SPACES FOR AIRPLANE TIE DOWNS AT THE FRONT OF THE BUILDING'S SOUTHERN ELEVATION, WHICH MAINTAINS AN UNOBSTRUCTED VIEW OF THE SOUTHERN PORTION OF THE AIRSTRIP. PROPERTY IS ZONED I-1 (LIGHT INDUSTRIAL), WHICH ALLOWS FOR A MULTITUDE OF USES BY THE CITY OF EDGEWATER'S PLANNING & ZONING DEPARTMENT.
Complex:
MASSEY INDUSTRIAL AIRPARK
Garage:
AirplaneHangar, Ground Level, Shared Parking
Cooling:
Central Air, Zoned
Construction
Metal Frame, Metal Siding, SIP (Structurally Insulated Panel)
Lot Description:
Cul-De-Sac, Fire Hydrant, City Lot, Industrial Condo
541 SKYWAY DRIVE, Edgewater, FL, 32132
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
