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Updated over 6 years ago on . Most recent reply

Ryan Fennick's profile image
Ryan Fennick's profile image
Ryan Fennick
  • Real Estate Agent
  • from Cranberry Twp, Pennsylvania
  • Member since Feb 7, 2016
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Ryan Fennick's profile image
Ryan Fennick's profile image
Ryan Fennick
  • Real Estate Agent
  • from Cranberry Twp, Pennsylvania
  • Member since Feb 7, 2016
Connect
Ryan Fennick
  • Real Estate Agent
  • Cranberry Twp, PA
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15
Posts
Real Estate Deal Analysis & Advice

First commercial property

Ryan Fennick
  • Real Estate Agent
  • Cranberry Twp, PA
Posted
I came across a small commercial property. Consists of a store front with a 3 year lease at $900/mo, a two bedroom apartment $800/mo, and a 3 bedroom apartment $900/mo. There are 0 vacancies. Total monthly rent is $2,600/mo. They are asking $239,000. I offered 197k and they countered at $230,000k. Thoughts?
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