Laundry Room Lease?
I am purchasing a 4 plex that has a laundry room for all 4 units. It's a short sale but the previous owner signed a 30 year lease with a washer company that splits the revenues 60%(owner)/40% and in return they are supposed to maintain the laundry room/machines.
Anyone have any experience with these companies? It doesn't look like I can easily get out of the lease and not even sure I want to because not sure who I would get in their place to maintain the machines/laundry room?
Thanks!