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  Robert M. Burns - Investment Real Estate

 
               
 
Warehouse - Gilau, Romania (near Cluj)
   
   
Warehouse - Gilau, Romania (near Cluj) 
Loc. Gilau, Ferma 7, Hala 21
Gilau, CL 407310
RO
 
For more information, click to email:
Robert Burns   (425) 949-4000
  
  
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  For Sale Active  
Primary Type:Industrial
Warehouse
Building Size:12,916 SF
Lot Size:53,819 SF
Price: 115,000 Euro
Price/SF: 8.90 Euro
Cap Rate: 10.4%
Date Last Verified: 12/26/2004
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 Additional Information 

Property Description:
This warehouse is perfect for distribution, storage and/or light manufacturing. Heavy power requirements are easily solved with readily available access to electricity & gas.

Location Description:
This property is located on Hwy. 1 (the Hwy. between Cluj-Napoca and Oradea) just west of Cluj-Napoca, Romania in the town of Gilau. The warehouse is 1 meter approx. from the Hwy. This is ideally situated for distribution and trucking -- especially if a business wants to outsource labor in Romania and then ship products to Western Europe that are manufactured in Romania.

No. Stories:1No. Grade Level Doors:2
 Highlights 
 High Cap Rate  Inexpensive Labor Market
 
 Distribution in Eastern Europe Inexpensive Real Estate
 
 Ideal Location for Growth Booming Growth in Eastern European Economy
  Financial Summary Actual  
Net Operating Income:$28,800
 
  Major Tenant Information
Tenancy Type: Single
 
 
  Debt & Equity Information
No Debt & Equity Information Provided
 
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.