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Updated over 7 years ago on . Most recent reply

Nancy Solano's profile image
Nancy Solano's profile image
Nancy Solano
  • Investor
  • from Ashland, Oregon
  • Member since Feb 12, 2016
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Nancy Solano's profile image
Nancy Solano's profile image
Nancy Solano
  • Investor
  • from Ashland, Oregon
  • Member since Feb 12, 2016
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Nancy Solano
  • Investor
  • Ashland, OR
3
Votes |
10
Posts
Commercial Real Estate Investing

wondering about strip malls..

Nancy Solano
  • Investor
  • Ashland, OR
Posted

Hi Folks~ We are selling our business and looking for an income producing property for purchase- I have come across strip malls and I have no experience with this property type. How risky is it v. apartments? or pro/cons?

thanks!

Nancy

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Cody L.'s profile image
Cody L.'s profile image
Cody L.
  • Rental Property Investor
  • from San Diego, Ca
  • Member since Jan 31, 2013
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Cody L.'s profile image
Cody L.'s profile image
Cody L.
  • Rental Property Investor
  • from San Diego, Ca
  • Member since Jan 31, 2013
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Cody L.
  • Rental Property Investor
  • San Diego, Ca
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Cody L.
  • Rental Property Investor
  • San Diego, Ca
Replied

I just bought my first strip mall as part of a transition to more NNN property. It's a solid 8 CAP so great cash on cash with my 80% LTV loan.
Mom a huge believer in internet disruption by t it won't disrupt everything. This strip mall has stuff perfectly targeted to the submarket it's in.

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