You'd need to start working through a preliminary site-plan to validate your assumptions about the building area, parking ratio, drive-thrus etc.

If you are a centimillionaire, legacy holding parks cash that has few other places to sit. 

Quote from @Jason Park: Quote from @Mike Musarra: I'm purchasing a home in a suburb of Cleveland with Hard Money. 

Examples are mobile home parks, RV parks, and golf courses where the value of the property is not primarily derived from building(s) but rather from the improvements to the land.

The price for these 4200 SF buildings are very low about $135,000 per unit leased at $1350 a month and they have high end custom finishes and private patios, covered parking for 2 vehicles and usually all individual meters.

The price for these 4200 SF buildings are very low about $135,000 per unit leased at $1350 a month and they have high end custom finishes and private patios, covered parking for 2 vehicles and usually all individual meters.

  #1 reason - parking is side street.

Thanks I'm a broker on Cape Cod (Berkshire Hathaway Homeservices Robert Paul Properties teamcoker.robertpaul.com) Besides the HOA fees, Points of consideration for Condos are also: #units, rules, location, amenities inside the complex and out, parking.

Beyond the lousy local policies that were enacted, the "gentrifiers" who are moving to the area will want to be in the housing closer to Fairmount Park and N 27th street is too far north or far west to attract Temple students.

Preparing to break ground on a new park this week.