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Updated over 6 years ago on . Most recent reply

User Stats

7
Posts
0
Votes
Adam Parke
  • Investor
  • Mount Juliet, TN
0
Votes |
7
Posts

Commercial deal for medical practice

Adam Parke
  • Investor
  • Mount Juliet, TN
Posted
Looking at a two building deal in a rural college town in Tennessee. It is close to the hospital and University. Five-year lease home two of the three available spaces. Tenants required to handle all inside maintenance and outside is the responsibility of the homeowner. Owner also has property tax, insurance, and outdoor upkeep. $78k annual rent with ability to add $1500 a month for vacant space. Taxes and insurance run 10,000 a year.

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