Multi use commercial property

[Guytho Roney]

Investment Info:

Other buy & hold investment.

Purchase price: $198,000
Cash invested: $100,000

muti use building consisting of Deli, Laundromat, office space and 2 bedroom apartment

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

Great location and multiple ways to build and expand
great cash flow

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

Found the deal as a licensed Realtor and pitched idea to partners

How did you finance this deal?

financed through commercial mortgage

How did you add value to the deal?

added value by building out a full functional NY style deli/bodega on one side and updating already established laundromat on other side

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

I was the Realtor on this deal