13 June 2024 | 2 replies
It's a medical office building located in Prosper, TX and here's a breakdown of the key details:Property Details:Sale Type: Investment or Owner UserProperty Type: OfficeProperty Subtype: MedicalBuilding Size: 9,657 SFBuilding Class: BYear Built: 2023Percent Leased: 100% (Currently Fully Occupied)Tenancy: Multiple TenantsBuilding Height: 1 StoryLand Acres: 1.00 ACZoning: CommercialFinancials:Purchase Price: $676,000 + $81,000 Tenant Improvement (TI)Down Payment: 20%Commission: $22,000 (agent commission)Monthly Rent: $5,400 + NNN (exact expenses not specified)Vacancy (First 6 Months): Estimated expense of $27,600 (assuming rent starts after 6 months)Mortgage Payment Options:25 year term - $4,000/month15 year term - $4,600/monthLooking for Your Expertise:Does this fully leased medical office building present a good potential investment opportunity?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/593181/small_1621493352-avatar-joseg40.jpg?twic=v1/output=image&v=2)
13 June 2024 | 8 replies
So, if you already have substantial sized company...what is your current bank providing you?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2983325/small_1716739103-avatar-marcs233.jpg?twic=v1/output=image&v=2)
13 June 2024 | 16 replies
I'd be more concerned about the size.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/603408/small_1736984863-avatar-diegoa5.jpg?twic=v1/output=image&v=2)
12 June 2024 | 15 replies
Now I say this assuming the size of your partnership is not in the millions.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2866370/small_1698665275-avatar-nataliav17.jpg?twic=v1/output=image&v=2)
12 June 2024 | 46 replies
I notice a lot of competition from beach front condos of the same size.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2965687/small_1709679552-avatar-isaacj73.jpg?twic=v1/output=image&v=2)
12 June 2024 | 12 replies
Talk to some local PM companyAccounting - 1 size fit all or you can have multiple ones that handles the property level and the corporate level.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1316405/small_1694714546-avatar-farrahb3.jpg?twic=v1/output=image&v=2)
12 June 2024 | 7 replies
Send me specifics about he unit, size and what you need done.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/352302/small_1621446082-avatar-garrett_brunell.jpg?twic=v1/output=image&v=2)
12 June 2024 | 16 replies
Landlord tenant law has its own version of ambulance chasers that would love nothing more than to make a few bucks off of a landlord that tried to read further into a tenants life than just criminal history, verifiable income, credit score, and rental history.Logically, we would all like to be able to make decisions based on personality differences, family size, possible income drops, or whatever gut feeling we have.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1538502/small_1695341613-avatar-silviab9.jpg?twic=v1/output=image&v=2)
12 June 2024 | 10 replies
I will also have a FT job, at least until I can replace my income....We would need to raise some capital / find partners because we couldn't afford a down payment of the size we are thinking by ourselves.Looking to network in Maryland!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2089822/small_1694589724-avatar-joryw2.jpg?twic=v1/output=image&v=2)
12 June 2024 | 17 replies
I have a larger portfolio (65+/-) units varying in size from 300sqft - 7,000 sqft and that affords me some leverage on our cleaning vendors.