A long-time client asked The Asbury Team for creative ideas to invest their proceeds from another property sale. Each investment is unique and has variables to consider which are taken into consideration before recommending options.
After an in-depth look into the client’s needs, The Asbury Team was able to get an offer accepted and negotiate the terms in favor of the client and agreeable by the seller.
Purchase Price: $2,600,000
Cap Rate: $9.2%
Annual Net Income: $$270,000
An important consideration when buying a commercial building is the current tenants and their existing leases. The Asbury Team recommended this property based on strong, long-term tenants, and the healthy net income provided from owning this property.
