Looking for a Debt Partner - Neighborhood Shopping Center
I just got this off market Shopping Plaza under contract for $700,000 & I am looking for a Debt Partner on this deal. Its an 11% cap currently and I already have a strategy to increase the NOI with 2 additional income streams. This plaza has 12 fully leased spaces, a land lease with a food truck, & a billboard that is leased as well. It will cash flow as is $2,224.11 per month and even more once the 2 income streams are added. If you are interested in being a debt partner on this deal let me know.
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