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Updated over 10 years ago on . Most recent reply

User Stats

231
Posts
52
Votes
Cierra Seay
  • Residential Real Estate Agent
  • Eastpointe, MI
52
Votes |
231
Posts

Deal or No Deal - Did I ask the right questions

Cierra Seay
  • Residential Real Estate Agent
  • Eastpointe, MI
Posted

I have a lead on a 20 unit senior apartment building that's fully occupied in St. Clair County Michigan.

-Building needs no work recently upgraded cabinets, appliances, and windows

- 10 acres of land

- 1-2 bedroom units paying $500-$750 a month

- Gross rents $125K 

-Net around $90k

I feel like I didn't ask enough questions what am I missing ? I already know the price.

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