What is the long term plan for the city and the state?

David, this deal could work, but I’d want to dig into a few things first. 80% occupancy with long-term tenants is solid, but what happens if a major tenant leaves?

Creative financing options like seller financing or assuming a low-interest FHA loan can also help you secure better terms.

Depending on your current rate or if the current loan is short term or long term.

While the average price per square foot is higher at $198, the city’s economic growth, particularly with industrial projects along the I-85 corridor, positions it as a strong long-term investment.Key Takeaways for InvestorsGastonia offers affordability with strong rental potential, making it ideal for those seeking high ROI at a lower price point.Kannapolis’ RTP and economic expansion suggest long-term appreciation and increased rental demand.Both markets continue to benefit from local development and infrastructure improvements, making them solid choices for 2025 investment strategies.

I assume you got a better interest rate, and I know you are saving a boatload of interest. 3) imagine year 11-30 where you are cash flowing thousands with paid off properties instead of hundreds because of these lean 10 years. 4) hopefully you can raise rents at least $100 each every year and in 2 years your cash flow neutral even with preferred short term mortgage. 

Or you can go a DSCR route (sometimes with no seasoning) but the terms suck.

So what I always did / do is give an A  B  all cash offer lowest pricesell on terms  higher price. 

This will provide some amazing long term appreciation!

And in terms of the unit - we own 4 others in a 3 mile radius and are very familiar with comps.