ed’s mower & saw shoppe $1,400,000...503-407-1526 mobile [email protected] or license 201222214....

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Peter Jameson Broker 503-320-1880 Mobile [email protected] OR License 201222214 J Residential Properties 19363 Willamette Dr. #107 West Linn, OR 97068 www.jrprop.net Erin Jameson-Maher Broker 503-407-1526 Mobile [email protected] OR License 201222214 NO. OF BUILDINGS: 1 ADDRESS: 17635 SE McLoughlin Blvd. Milwaukie, OR 97267 LOCATION: SE McLoughlin Blvd. SUMMARY: Financials included with NDA. Inventory will be part of the purchase & sale and valued upon the purchase/close date. Its value will be added to the purchase price. The land & building will be considered as one real estate transaction for 1031 exchange purposes. The business, equipment & inventory will be documented as a separate component of the sale. Purchase price includes: land, building & business including furniture & xtures. Merchandise & equipment will be inventoried & value based on the close date & sold at the cost basis for said merchandise. This value will be added to the purchase price. No components of this purchase will be sold separately. This purchase shall include real estate & business. Sell does not wish to carry any private nancing. Ed’s Mower & Saw Shoppe $1,400,000

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Page 1: Ed’s Mower & Saw Shoppe $1,400,000...503-407-1526 Mobile erin@jrprop.net OR License 201222214. PROPERTY PHOTOS J Residential Properties 19363 Willamette Dr. #107 West Linn, OR 97068

Peter Jameson Broker 503-320-1880 Mobile [email protected] OR License 201222214

J Residential Properties 19363 Willamette Dr. #107 West Linn, OR 97068 www.jrprop.net

Erin Jameson-Maher Broker 503-407-1526 Mobile [email protected] OR License 201222214

NO. OF BUILDINGS: 1

ADDRESS: 17635 SE McLoughlin Blvd. Milwaukie, OR 97267

LOCATION: SE McLoughlin Blvd.

SUMMARY: Financials included with NDA. Inventory will be part of the purchase & sale and valued upon the purchase/close date. Its value will be added to the purchase price. The land & building will be considered as one real estate transaction for 1031 exchange purposes. The business, equipment & inventory will be documented as a separate component of the sale. Purchase price includes: land, building & business including furniture & fixtures. Merchandise & equipment will be inventoried & value based on the close date & sold at the cost basis for said merchandise. This value will be added to the purchase price. No components of this purchase will be sold separately. This purchase shall include real estate & business. Sell does not wish to carry any private financing.

Ed’s Mower & Saw Shoppe

$1,400,000

Page 2: Ed’s Mower & Saw Shoppe $1,400,000...503-407-1526 Mobile erin@jrprop.net OR License 201222214. PROPERTY PHOTOS J Residential Properties 19363 Willamette Dr. #107 West Linn, OR 97068

OVERVIEW

Five Star established business for over 30 years. Ed’s Mower & Saw Shoppe is a small, service oriented, owner operated business.The expansive product line represents the sales & service of high quality landscape equipment, filling the needs of the most demanding consumers & professionals.

PROPERTY HIGHLIGHTS • Great visibility • Daily traffic counts 28,800 Average • Signage • 11 Parking Spaces

PROPERTY SUMMARY • Asking Price: $1,400,000 • Year Built: 1974 • Lot Size: .26 Acres • Building: 3,572 SF

LOCATION HIGHLIGHTS • Great location & frontage on SE McLoughlin Blvd. • Average Daily Traffic Counts: 28,800

J Residential Properties 19363 Willamette Dr. #107 West Linn, OR 97068 www.jrprop.net

Peter Jameson Broker 503-320-1880 Mobile [email protected] OR License 201222214

Erin Jameson-Maher Broker 503-407-1526 Mobile [email protected] OR License 201222214

Page 3: Ed’s Mower & Saw Shoppe $1,400,000...503-407-1526 Mobile erin@jrprop.net OR License 201222214. PROPERTY PHOTOS J Residential Properties 19363 Willamette Dr. #107 West Linn, OR 97068

PROPERTY PHOTOS

J Residential Properties 19363 Willamette Dr. #107 West Linn, OR 97068 www.jrprop.net

Peter Jameson Broker 503-320-1880 Mobile [email protected] OR License 201222214

Erin Jameson-Maher Broker 503-407-1526 Mobile [email protected] OR License 201222214

Page 4: Ed’s Mower & Saw Shoppe $1,400,000...503-407-1526 Mobile erin@jrprop.net OR License 201222214. PROPERTY PHOTOS J Residential Properties 19363 Willamette Dr. #107 West Linn, OR 97068

AERIAL MAP

J Residential Properties 19363 Willamette Dr. #107 West Linn, OR 97068 www.jrprop.net

Peter Jameson Broker 503-320-1880 Mobile [email protected] OR License 201222214

Erin Jameson-Maher Broker 503-407-1526 Mobile [email protected] OR License 201222214

SUBJECT

Page 5: Ed’s Mower & Saw Shoppe $1,400,000...503-407-1526 Mobile erin@jrprop.net OR License 201222214. PROPERTY PHOTOS J Residential Properties 19363 Willamette Dr. #107 West Linn, OR 97068

STREET MAP

J Residential Properties 19363 Willamette Dr. #107 West Linn, OR 97068 www.jrprop.net

Peter Jameson Broker 503-320-1880 Mobile [email protected] OR License 201222214

Erin Jameson-Maher Broker 503-407-1526 Mobile [email protected] OR License 201222214

Page 6: Ed’s Mower & Saw Shoppe $1,400,000...503-407-1526 Mobile erin@jrprop.net OR License 201222214. PROPERTY PHOTOS J Residential Properties 19363 Willamette Dr. #107 West Linn, OR 97068

FINANCIAL SUMMARY

PROFORMA

Annual Per SF

Gross Income 120,000 33.59

Other Income

Less Vacancy (4%) 0 0

Effective Gross Income 120,000 33.59

Effective Gross Income $120,000 $33.59

EXPENSES

Taxes $5891 $1.65

Operating Expenses $ $

Utilities - Water $ $

Utilities - Sewer $ $

Utilities - Common Electric $ $

Trash Removal $ $

Repairs and Maint $ $

Landscaping $ $

$ $

Total Expenses $5891 $1.65

NET INCOME $114,109 $31.95

J Residential Properties 19363 Willamette Dr. #107 West Linn, OR 97068 www.jrprop.net

Peter Jameson Broker 503-320-1880 Mobile [email protected] OR License 201222214

Erin Jameson-Maher Broker 503-407-1526 Mobile [email protected] OR License 201222214