Commercial Buy and Hold
Investment Info:
Other buy & hold investment.
Purchase price: $1,925,000
Cash invested: $485,000
National credit tenant, large facility on 4 lots. 2 are unencumbered
What made you interested in investing in this type of deal?
opportunity, low maintenance on the ownership - good long term buy and hold.
How did you find this deal and how did you negotiate it?
Through my broker
How did you finance this deal?
Bank/cash/partners
How did you add value to the deal?
That is what I do.
What was the outcome?
Makin money and opportunity is here
Lessons learned? Challenges?
One tenant at $12,500 takes the same work as 1 tenant at 1,250.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
I am a Realtor & Appraiser