buying the LLC with the property

[Joe Smith]

I'm a newbie to commercial (I've been exploring it for a while now) but have residential experience.

If I find a commercial property, in this case, a larger multifamily, that has it's own LLC as it's name, and, within that LLC are 2 employees and several service and management contracts...is there a way to buy the entire COMPANY, meaning, the LLC, the real estate it holds (which is ~95% of the value) down to the point that the telephone number, etc remains intact?

If I were to do this, does the financing take into account the value of the business outside the building, or is that a seperate transaction as far as the lender is concerned?

My thought is that, if I find a well-functioning entity with good staff, it seems it would be much easier to buy the entire entity and everything with it, than to create a new LLC and have to basically "rehire" the 2 employees I want to keep, etc...

[Ann Bellamy]

You also should consider that when you buy an LLC, you buy all the liability that comes with it. Such as previous contracts, previous slip and falls, previous whatevers......