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Reginald Ross
  • Rental Property Investor
  • Gulf Shores, AL
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Looking to connect with C-Store Owners

Reginald Ross
  • Rental Property Investor
  • Gulf Shores, AL
Posted Feb 1 2023, 12:52

Hi there! I’m a long time single family turned multifamily investor with roughly $65 million AUM.

I’m branching out and have a C-Store under contract with immediate value-add potential.

I’m fluent in financial statements but have no direct experience with C-Store Income Statements and would love to connect with someone who could give me some high level pro forma underwriting tips and overall advice.

Thanks in advance!

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Ronald Rohde
Pro Member
#2 Commercial Real Estate Investing Contributor
  • Attorney
  • Dallas, TX
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Ronald Rohde
Pro Member
#2 Commercial Real Estate Investing Contributor
  • Attorney
  • Dallas, TX
Replied Feb 2 2023, 07:41

There are a few C store consultants, but what exactly are you trying to pivot into? Own and manage gas stations and staffing C stores?

User Stats

107
Posts
115
Votes
Reginald Ross
  • Rental Property Investor
  • Gulf Shores, AL
115
Votes |
107
Posts
Reginald Ross
  • Rental Property Investor
  • Gulf Shores, AL
Replied Feb 2 2023, 13:09
Quote from @Ronald Rohde:

There are a few C store consultants, but what exactly are you trying to pivot into? Own and manage gas stations and staffing C stores?


This is part of a larger development plan on an extremely busy but undeveloped 4-way. The C-store is a 40-year old mom and pop business that will subsidize the land purchase.

The plan is to position this corner (I will own all four corners soon) for a brand name to come in and lease.

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