Commercial Property Investment

[Kurtis Morris]

Investment Info:

buy & hold investment in Chattanooga.

Purchase price: $375,000
Cash invested: $80,000

Commercial property with 11 offices and warehouse space.

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

Residual Cash Flow

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

Real Estate Agent we offered what we could pay to make the numbers work and the seller was amicable.

How did you finance this deal?

Bank

How did you add value to the deal?

Adding 2200 Sqft

What was the outcome?

11 offices, event space, conference room and warehouse space.

Lessons learned? Challenges?

Get quotes for all the work!