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Updated about 8 years ago,
Thinking of Investing in strip mall
I am thinking of buying a little strip mall in Oxon Hill, MD. Where can I easily get the following information: immediate area demographics, traffic counts? Is this a good area for investment? Cap rate is 9%. What questions should I be asking?
How much would property management cost? It has 6 tenants with 9900 sq. ft. gross floor space, and 45+ parking spaces. Is property management something a quick learning, newbie can handle? What's the weekly time commitment? Thanks