SPR is pleased to present Fever Recording Studios located in North Hollywood. The studios are highly improved. Perfect for an owner / user to occupy 51% of the building to purchase with SBA Financing utilizing available leverage. There are tenants leasing 4 studios on premises which currently generate $144,000 and could be raised to approximately $180,000/year. Operate your business and have cash flow to pay down the real estate. A complete list of recording equipment inside the main studio is available for $500,000 in addition to the Purchase Price of $3,000,000. Come get locked in and start recording your next performer. www.feverrecording.com Additionally, extensive building improvements have been made over the years adding approximately 1250-1,500 square feet to the interior. Buyer to measure and verify, but the additional space offers some office, lounge area and a huge conference room/bar/entertaining space. Cap Rate is Proforma on possibility of raising existing tenant rents.