Great Deal Alert

This one is being offered for $3.9 million and is currently – I said currently – grossing $36,000/mo. This means in the worst of scenarios you are starting at $5K/mo cash flow. But, looking at the rent roll (included here,) you really should have no trouble elevating that to $10/mo rather quickly, $15K/mo soon thereafter and even higher than that not too much thereafter. You have a number of tenants who, though paying below market, are not that much below market and you should be able to reach ‘cash for keys’ agreements that are reasonable. This is a great location, a nice looking building. Bottom line, this could be a dream scenario. You’ll need to come up with $1mm cash, maybe a little more, but probably not. This can be a major part of your retirement. Call me and I’ll be happy to help you get it. Or find out more about it.

CLICK HERE TO SEE THE RENT ROLL!

Ken Shapiro
Silverwood Properties
818-237-6963