All Forum Posts by: Frank Sparacino

NO I DID NOT! look again. tho, i do misuse caps on internet… i capped 4 words & p.s. … cos of spam. thnx fir your help & time

P.S.: PLEASE, NO INFO ON TAX SOFTWARE, PORTAL REPORTING OR LARGE OUT OF STATE FIRMS.

WHY is it so hard–actually could NOT find anywhere–the price after free trial?!

Small busy strip on corner just south of Atlanta & airport 8 mi. away. Area continues to experience steady growth as in last few years. Still affordable housing’ for ATL. area. Traffic Count: 47,500+ vehicles DAILY, 71,250 exposures DAILY, 2,137,500 MONTH (min.) 26,006,250 exposures YEARLY, + Rt.194 MARTA bus stop out front.
Nationally anchored by “XL MEN’s Clothing & shoes.” Also, national ‘optical’ tenant, CLOUD 9 VAPING, Angie’s Braiding, Anna’s Nails Salon. (BRAND NEW ‘Mexican Restaurant’ next door w/COFFEE out parcel coming in Spring ‘24.)
The retail spaces are "D": 1,520 s/f with frontage, $22 s/f NNN, neg…. "A": 2,160 s/f, side views, semi-private w/pine trees, priced LOW $9 s/f NNN. NO RENT until NEXT YEAR! Full color Digital sign in front & NO CHARGE benefit for tenants.
Barber of last 15 years recently retired. There’s always been a barber onsite, for last 24 years. Another barber will get walk-ins, attract independent contractor barbers.  But, available for any use. Bakery interested in front space. 

The side space fronts a corner & faces Mt. Zion Rd. Space is clean, nice semi-private space, ‘green space’. Good for a restaurant, outside seating, parking, etc. Available to any business… tattoos, convenience store, liquor store, event space, ideas welcome!

GRAB THE FREE RENT ‘TIL NEXT YEAR SPECIAL — NOW!

Business operations experience with strong credit preferred. Will discuss any good business plan!
contact: Nakira Kinsey (Senior Property Manager), 404.637.2340,  [email protected] - www.livingintown.com

 [email protected] - www.livingintown.com

In trying to be short, we've experienced FIVE defaults over last 3 yrs., 2 r recent. This is due to PM poor attention to details. But, they won't admit this & count on owners to ‘suck it up' & lose $$. I mentioned E&O insurance… they don't have it. We are out @ $50k in cash flow. They also wouldn't file a lien or file to evict. Also, did not verify one of the tenants. Allowed both arrears to escalate.

Anyway, we are 8 miles south of ATL. Property is on solid footing (esp. if we don't have more defaults). Small retail CRE, 89% occ., 1 vacancy (5/23). There are MANY residential PM's. But, retail cre seems scant. I've contacted 20 PM's & no callbacks.

More property details available.

Thnx!

Could use recommendations Re: commercial PM of a small strip, 100% occupied. Experiencing some trouble with long time current management collecting rents on time, etc.

Thnx for any help!