Updated almost 11 years ago on . Most recent reply
How much should I offer?
The owner of 14,000 sq ft commercial structure asked me to make him an offer.
the owner didnt want to buy the building but it was part of a business buyout and now after 5 years of high property taxes, high utilities and mounting maintenance expenses the owner wants to walk away.
The building appraised for $180,000 and it is assessed at $152,200 however I believe both of those numbers are high considering the condition of the property. The property does not have any tenants at this time and the owner is not sharing financials.
How low is too low? What would you offer?