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Updated over 2 years ago, 07/12/2022

User Stats

16
Posts
21
Votes
Uzma Abdullah
  • Rental Property Investor
  • Irvine, CA
21
Votes |
16
Posts

6 cap for commercial stabalized property

Uzma Abdullah
  • Rental Property Investor
  • Irvine, CA
Posted

Hi there! I have been offered a deal at a 6 cap - $52,000 NNN rent (tenant pays property tax, insurance, utilities, maintenance). This is for a stabilized treatment center in the Northeast. What is the best way to underwire this considering current market conditions, possible imminent recession? I'm looking to buy this in cash.

Need to make a decision in 24 hours so this is time sensitive- any advise or PM is greatly appreciated. 

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