Updated over 10 years ago on . Most recent reply
Empty 6 plex
I have found a empty 6plex. According to the agent the owner has become tired of the property and is ready to retire soon. He had no tenant screening process no background checks and so on. I am assuming that he had tenants from hell and as leases came up for renewal he just did not renew. Now the place sits empty. There has been a price reduction of 21% (possible equity) to help move the complex. I have no other numbers on the property and am waiting to here back from the agent on those. If the numbers look good is it a good idea to purchase a completely empty complex?