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Updated almost 5 years ago on .
Commercial Properties at "Fire Sale" Prices; Need Investors/Hard$
I am new to BP but saw this website as mutually beneficial as I build a network of people that are interested in commercial real estate deals that I represent at significantly below market value. Below are some examples of current deals that could be available in the next 30 - 60 days. I would love to speak to any potentially interested buyer,agent, or hard money lender for deals that I will purchase myself. All deals will include agent comp.
If I am breaking protocol with this post I apologize.
Current opportunities that are in the works:
- Investors - Location: Chicago IL Northern Suburbs: Class A Office space; 200,000 sq ft; High vacancy. Within next 60 days seller looking to unload at 30-40% below market value. Must be experienced investor that can move quickly when opportunity goes live. Ball park $3m.
- Investors - Location: Louisville KY: Redevelopment/Commercial Building; 50,000 sq ft; 2 Acres; Large C-2 redevelopment site; feasibility study determined site can support up to 61,000 RSF for self storage facility. Available within 30 days. Ball park $350k.
- Hard Money Lender - Location: Charlotte NC: Commercial building with successful recession proof national tenant; Market Value $1.1 m; Loan needed $500k. Timeline - 60 days.
As new deals arise I will post. I'm sure I will learn proper protocol in the near short term.
Regards,
Phil