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Updated over 9 years ago,
(Need Private Money) Multi-Tenant Commercial Strip Malls in the 1m to 2.5m range (Kansas City, MO)
All,
I am in a position, in Kansas City, MO to pick up multiple commercial properties on owner financing (25 year note). These properties are all multi tenant retail strip centers located in great areas in Kansas City. All Triple Net Leases, fully cash flowing with below market rents. In two years the rents increase substantially per the lease agreement.
Pretty simple question. I have a plan to purchase 2 of these properties with my own money, however, I need around 200k per property (down payment) to purchase the rest. I am looking for private money. Who is interested. A partnership deal could also be done.
I will pay 7% annually.
Let me know if anyone is interested.
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