Commercial office space, downtown Daphne (Olde Towne Daphne), AL

[Michelle Beckham]

Investment Info:

Office Space commercial investment investment.

Purchase price: $187,500
Cash invested: $50,000

Bought building in Olde Towne Daphne (downtown Daphne), renovated, improved, and currently utilize as real estate office + rent office spaces in building.

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

Had been renting office space previous decades.

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

Set MLS notifications.

How did you finance this deal?

With 1099 Exchange with tax-free procedes from sale of beach condo

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I was the commercial buying agent on the sale.