BP Members and Gurus Please weigh -in on this Offering for sale and/or partnership/investment? We want to impress you!
Truly Valuable Business Real Estate 10,000+ sf BUILDING PRIME COMMERCIAL ZONE, Included 4.5- 5 City Lots with Utilities!!!
Established since 1905. Can use for great storage, or storage unit rental, or Lease Out Units (6-8 of them )sub-divided to Generate Business lease revenue. 2 Garages and Barn, 2 Loading Docks, Full Dedicated Private Parking Lot, Room to expand or Build another Garage structure on Property. Comps Near it Valued at $200K-$400K.
Just sold The Building Next door, which has a New Facade, a cheap improvement- We Know, We Built it!
https://www.howardhanna.com/Property/Detail/620-GASTON-Avenue-Fairmont-WV-26554/NorthCentralWVSold/10116476
This one needs some work, but well worth asking price. Provide your email, and we will send Tax Documents and Assessed Value at $191,000.00.
Our Business Plan had Lease revenue at $4,000- $6,000 Monthly. Investors developers take note! 4 City Lots Zoned Commercial, 220' Frontage, on Well-Traveled Route, and Private Dedicated Parking Lot!
$120,000.00 asking. Dropped from $150,000.00 for Fast Sale! Partners Buy-In for $80K- and We will form New Property LLc. You can play active or passive role. Cap Rate using Leased unit plan is attractive
Could be converted into up to 5 Living Units, or Several Commercial Rental Units.** May Require Zoning Variance, though Zoned Commercial.
Full Seller Disclosure attached. Appraisals, and Business Plan Included. There are several contingencies in this sale. As-is, but will remove, and/or resolve any Code violations. Building has newly Installed Code Complaint 200 Amp Electrical System, Including New Meter and 80' Entrance Cable, New Panel Box Service. Cost $18,000.00 there is much more Invested. Brick Exterior Facade, Block Built on Bridge Construction Grade Foundation. No slippage or subsidence .
Newer Sewer Tap-In installed $12K Invested in that Alone.
The Building is actually a series of connected Cold-Storage Units/Freezer/Coolers. 2'-3' thick walls and insulated. Has Full attic, and small managers office on what would be the 4th level. It is 3 Levels, though center of Unit is Only 2 Levels, as the original Steel Brine Tank is still in between floors.
We have bid, the Repairs and a simple generic Rehab at $45,000.00 When complete, this property will have an ARV of $300,000.00+ so do the Math.
We are wanting to establish relations with Partners, Network, and Lenders Investors on this one. Building our reputation, at this stage is Vital to us.
We have a few reports, we can provide, upon request.
Buy this outright for $120,000.00, or Partner Investor Share at $80K and we will form a new LLC, and either BRRRR, Buy & Hold for lease revenue, Or Just FLIP it to a New Buyer. Let's talk. We are rapidly expanding D-Build Real Estate Procurement, Management, & Development Company across Appalachia, the Mid-Atlantic and Into Va. in the next few quarters.
If you like, We would offer Partner Share of the Whole operation, Backed by Real Estate, of course, for $150K for a 50% Stake in all current & future operations. With a Projected Revenue, Vetted by SBA and SCORE... and others, of $400,000.00 + First fiscal Years with Capital Asset Holdings of over $1Mil, end of fiscal year 1, a proven management team, and 4 Current Operating Businesses, with 2 More waiting to launch/open this Year. This $150K will earn you more than ALL of Your Other Investments Combined. ROI's so high, You will want to be the first one on this, given there will ONLY be One Offering at this Price. This is the deal, that will get you in, if you choose to "Partner-Up!"
We understand, being the " New Kids On the Block" gives us something to prove, and We aim to prove it here.
Trust this, We would not risk our businesses, reputation on here and across the Internet, for $150K...Not even for $1.5 Mil or any amount.
Is there any risk involved? Well, Yes, we would guess there has to be. Problem is: We built-in so many contingencies and back-up plans ( We are at BU Plan (M-1) Literally...) We Just cannot assign any risk factor, shy of Death of all of us, and or a Natural disaster.... and Even Then We have Insurance in Place that would compensate fully.
Do Not Miss this Deal!
