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Updated over 4 years ago on .

Steve Kehoe's profile image
Steve Kehoe's profile image
Steve Kehoe
  • Investor
  • from Cary, North Carolina
  • Member since Jul 31, 2016
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User Stats

9
Posts
5
Votes
Steve Kehoe's profile image
Steve Kehoe's profile image
Steve Kehoe
  • Investor
  • from Cary, North Carolina
  • Member since Jul 31, 2016
Connect
Steve Kehoe
  • Investor
  • Cary, NC
5
Votes |
9
Posts
Buying & Selling Real Estate

Offer price on industrial condo

Steve Kehoe
  • Investor
  • Cary, NC
Posted

6 units of 1800 square feet each.  Industrial space in excellent location.  The unit I am interested in has a tenant with a six year lease at 1800 a month  a 3% escalator.  My concern is the other units are often vacant which will hurt the association.

What is a good price for the unit considering the risk of other unit vacancy?

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