All Forum Posts by: Rick Wagner

I have a listing for 2.18 acres of partially developed ground currently listed at $139,900. It already has sewage going to the property. Located right off of busy Jeffco Blvd, this location would be great as an office/medical building, or maybe even a smaller assisted living facility. Owners are looking to entertain offers and there is a possibility of owner financing, so feel free to PM me about any other details you may want!

-Rick

Hey everyone,

I have a listing on a fully leased auto garage in south St. Louis City just waiting to be snatched up by an investor looking to add to their portfolio! It is currently leased to two businesses with each business paying $1000 per month. The rent payments are under current market rent, however, the tenants pay utilities, insurance, maintenance, and taxes. Utilities are sub-divided between the two tenants. Rent could be increased $500 per month per tenant.

Details:

6550 sqft

Office area

Tractor Trailer Docks

Corner Lot in a High Traffic Area!

The property is listed at $275,000 and would make a great investment for anyone looking to increase their cashflow or an out of state investor looking to invest in a lower tax state. If interested, please PM me and I can provide more pictures, a financial breakdown, tax records, and MLS printout as well as answer any questions!

Thanks,

Rick

You're right, "potential" is a word that could very easily deter people... It is fully leased, however, and the tenants have constant business. Thanks for helping me think through this... commercial real estate takes time to wrap your head around!

So I have a listing on an auto garage listed at $275000. It has great cash flow potential but I am unsure on how to market it. I'd like to break down all expenses and costs to present to an investor, but have no idea what I should include in the breakdown. If you were investing in a commercial cash flow property, what would you want to see in a presentation to know if it was a deal worth pursuing?

Thanks for the replies guys. How would I go about sending it out to Out-Of-State investors?

Hey everyone, first post in the forums. I am a new agent (4+) months and I am the co-agent on a listing for a fully leased auto garage. It's been sitting on the market for a bit, and I want to kick up the marketing for it. However, this is my first shot at a commercial property, so does anyone have any tips on how I can get it to the eyes of local investors? Any help would be much appreciated!