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Updated about 3 years ago,
Commercial property questions
I found a commercial multi unit property on loop net that I am interested in pursuing. It is set up as short term rentals and being sold turnkey.
I’m new to the commercial realm - do I need to search out my own broker to set up a showing?
I am also wondering how to come to a valuation, since I would be buying more than just the property (it is fully booked for the holiday season and the sale also includes all FF&E). Is there a formula based on revenue that is generally accepted?
Thanks in advance!