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All Forum Posts by: Frank Gossman

Frank Gossman has started 12 posts and replied 33 times.

Post: Car wash

Frank GossmanPosted
  • Real Estate Investor
  • Bradenton, FL
  • Posts 52
  • Votes 0

Can anybody tell me how to determine if this is worth moving forward? Asking price$899,900 has 4 selfserves and 1 auto-drive through.GOI for 2008 $103,629,OE $43,599,NOI $60,030. Loc.is
good high traffic volume. The car wash is located in a beach and retirement area of Florida.According to agent info it has a cap rate of 10.00% That I think is up to interpitation.Don't know what else to give I have lot of numbers.Any help would be appreciated.Thanks in advance and have a great wk!! P S I'll have one to post tomorrow a 15 unit once I get the financials.Thanks!!

Post: Looking for commercial investors

Frank GossmanPosted
  • Real Estate Investor
  • Bradenton, FL
  • Posts 52
  • Votes 0

Hello I'm located in Florida around Bradenton,Sarasota area.I've been looking into commercial propertys,I would like to network with someone in the area or elwhere with knowledge and the connections.Hope to hear from someone likeminded.Thanks and have a great wk!!

Post: Apartment Building Question

Frank GossmanPosted
  • Real Estate Investor
  • Bradenton, FL
  • Posts 52
  • Votes 0

This was a very good discussion I enjoyed it Very Informative.