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11/21/2009From the BiggerPockets Blog: What Does Buying a Home “As is” Really Mean??

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11
11 votes

Fla. highrise has 32 stories, but just 1 tenant

Rjw_comment_thumb Posted By: Richard Warren, 3 months ago (Report Spam)
Category: Housing / Type: News
Source: news.yahoo.com

The Vangelakos' southwest Florida condominium has marble floors, a large pool overlooking a river and modern furnishings that speak of affluence and luxury. What they don't have in the 32-story building is a single neighbor.


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Building_avatar_comment_thumb
At 11:33PM on August 06, 2009 - Will Barnard said...
Single tenaant commercial can be a potential nightmare if your tenant leaves. It takes you from 100% occupancy to 0% with the snap of a finger. I would NEVER personally buy a commercial building with a single occupant.
Scarface_comment_thumb
At 01:49PM on August 04, 2009 - Nick J. said...
I remember seeing that on tv, I thought to myself how creepy it would be with the building being so empty if I was that guy. At least he can have a party and not get the cops called on him
Josh_head_profile_preview_profile_preview_comment_thumb
At 06:55PM on August 02, 2009 - Joshua Dorkin said...
They won't be there alone for long.

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