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Updated over 7 years ago on . Most recent reply

Josh Carlegis's profile image
Josh Carlegis's profile image
Josh Carlegis
  • Investor
  • from Jacksonville, Alabama
  • Member since Jul 16, 2017
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Josh Carlegis's profile image
Josh Carlegis's profile image
Josh Carlegis
  • Investor
  • from Jacksonville, Alabama
  • Member since Jul 16, 2017
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Josh Carlegis
  • Investor
  • Jacksonville, AL
4
Votes |
26
Posts
Multi-Family and Apartment Investing

Sewer Treatment Plant in apartment complex

Josh Carlegis
  • Investor
  • Jacksonville, AL
Posted

Hey guys, looking at a deal and ran across something I have not seen before.  It is being sold in 2-20 block sections and you can buy an on site sewer treatment plant as well.  They are vacant and need full rehab.  Is the STP required there for a particular reason like there is no sewer and you cannot put septic?  It is close to a lake so maybe low area wont perc?  Thanks in advance for any help!

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Pat G.'s profile image
Pat G.'s profile image
Pat G.
  • Rental Property Investor
  • from Northville, MI
  • Member since Mar 20, 2015
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Pat G.'s profile image
Pat G.'s profile image
Pat G.
  • Rental Property Investor
  • from Northville, MI
  • Member since Mar 20, 2015
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Pat G.
  • Rental Property Investor
  • Northville, MI
92
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179
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Pat G.
  • Rental Property Investor
  • Northville, MI
Replied

I would watch getting into the waste business, a lot of ERP, Govt' regulations. I would pass on it unless you have run a sewer treatment plant before. These are two separate businesses. Good Luck! 

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