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Updated about 1 month ago on . Most recent reply

User Stats

20
Posts
6
Votes
Ambica Pilli
  • Rental Property Investor
  • NC
6
Votes |
20
Posts

Investment units in Shopping Mall

Ambica Pilli
  • Rental Property Investor
  • NC
Posted

Investment Info:

Retail buy & hold investment.

Purchase price: $16,500
Cash invested: $16,500

Invested in a shopping mall - consisting of shopping, movies, game centers and food court located in the heart of the city.

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

Entering into commercial property acquisition - builders were looking for seed funding to kick off the project

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

Real estate agent who we worked with prior brought this deal.

How did you finance this deal?

All cash in installments

Lessons learned? Challenges?

Commercial project development takes a long time, if there is additional cash that is not urgently needed its a safe bet. Investment returns on such high profile commercial constructions will take a long time, have to be patient and keep abreast of the latest developments

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