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Updated almost 9 years ago on . Most recent reply

User Stats

22
Posts
3
Votes
Michael Rashfal
  • Duluth, GA
3
Votes |
22
Posts

Parking Strategy

Michael Rashfal
  • Duluth, GA
Posted
Hi Everyone, I wanted to ask your thoughts on a strategy I am contemplating. I was thinking of buying commercial properties with parking, reselling the building but keeping the parking asset for myself. Then I can either lease the parking lot back to the end-buyer, or just use it as a parking lot and advertise to the general public. How feasible is this strategy? Are there buyers for buildings without parking? Thoughts? Suggestions on how to improve on this?

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