Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 7 years ago on . Most recent reply

User Stats

122
Posts
33
Votes
Kevin Nichols
  • Investor
  • Rock Hill, SC
33
Votes |
122
Posts

Small commercial property analysis

Kevin Nichols
  • Investor
  • Rock Hill, SC
Posted

Looking at a small commercial property.  3 apartments over 2 retail spaces in a small southern town. Not growing, but it's in a fast growing county.  Don't expect it to grow too much over the next 10+ years.

Sales price:  $260,000

Gross income:  $35,700
Leases are mostly ending in late 2018. One apartment lease through 2020.

Expenses (insurance, water, electric):  $6200

Prop. taxes: $7832

Thoughts? Questions?

Loading replies...