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Updated about 4 years ago,
MF Deal Only Comes with Purchase of Frontage Road
Hi BP fam! I am looking at my first MF deal and it looks great. My only question is the seller will only sell if I purchase the frontage road it sits on, which is an extra $1.2 million. Is this normal? What are the pros/cons? How do I work this into my equation when underwriting the deal?
Thanks so much in advance.