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13
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1
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Sarah Martin
  • Property Manager
  • Central California
1
Votes |
13
Posts

Our First Commercial/Industrial Units

Sarah Martin
  • Property Manager
  • Central California
Posted

Investment Info:

Industrial commercial investment investment.

Six Unit Industrial/Commercial Space

What made you interested in investing in this type of deal?

Commercial space in this area of town is very hard to find- for sale or for rent. We like the stability of knowing we will be able to keep this space rented along with a lower amount of time needed for management.

How did you find this deal and how did you negotiate it?

We found this deal on Loopnet.

How did you finance this deal?

We used traditional bank financing and are after a few changes, we will be able to partially refinance out of it.

How did you add value to the deal?

We are bringing rents up to the market rate.