Industrial Investment leased to Constractor
Investment Info:
Industrial industrial investment investment.
Purchase price: $715,000
Cash invested: $50,000
Industrial Building leased to a contractor. Great location is key for these types of buildings, and this is right next to the two major highways for the area.
What made you interested in investing in this type of deal?
Passive income - all upkeep is on the tenant
How did you find this deal and how did you negotiate it?
Found it listed and negotiated a decent deal
How did you finance this deal?
Seller financing
How did you add value to the deal?
It was vacant when I purchased and I leased it.
What was the outcome?
Great passive cash flow
Lessons learned? Challenges?
Roofs are super expensive and this building needed a new roof.....
