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Updated about 10 years ago on . Most recent reply

Jason Li's profile image
Jason Li's profile image
Jason Li
  • from Quincy, Massachusetts
  • Member since Jan 22, 2015
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Jason Li's profile image
Jason Li's profile image
Jason Li
  • from Quincy, Massachusetts
  • Member since Jan 22, 2015
Connect
Jason Li
  • Quincy, MA
0
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1
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Commercial Real Estate Investing

should i buy FREE SATNDING BUILDING in a small town

Jason Li
  • Quincy, MA
Posted

its a 7000 SQT free standing building 50 parking  in a small town with about 4500 people  its on main street right now is restaurant bar with 1 more year lease tenant  would like to stay

NNN lease 4500 month asking 568k

tax 14000 year owner owes 375k mortgage he paid 500k for it 2004

how much should I pay for it and what things do I need to look out for and whats the risk

please help me !

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