Commercial Property on Whidbey Island

[Charles Maddux]

Investment Info:

Office Space commercial investment investment.

Purchase price: $689,000
Cash invested: $50,000

Exciting deal! Excellent cash on cash on cash return.

What made you interested in investing in this type of deal?

I rent this commercial space to my business. I moved my business from where we were renting before to this location. I now get to build equity and pay myself in another way through the business.

How did you find this deal and how did you negotiate it?

LoopNet

How did you finance this deal?

People's Bank

How did you add value to the deal?

Full renovation & update interior/exterior