Sellers agreed on a purchase price of $70,000 for a supposedly 9500 SF building. Going to meet our buyer's broker to put down deposit and
Before thinking it is a bargain, part of it has major mold problems. So first thing is to bring in mold, roofing, and septic experts to tell us what the cost might be to make whole. And, how big is the septic - this is proving to be the Achilles Heel of all our add on services.
OTOH, when foreclosed, it had a $250,000+ mortgage. Standing outside, I ask myself how this much building in reasonable shape could be so cheap. It has a potentially amazing entrance on the side, for our spa intentions...
Nice area, somewhat busy country roads, but a number of empty businesses. Has 2 3 bedroom apartments, a large corporate area, and a standalone building with reception and a few half baths sprinkled around. Good sized parking lot, wooded all around and 0.75 acre lot.
Before thinking it is a bargain, part of it has major mold problems. So first thing is to bring in mold, roofing, and septic experts to tell us what the cost might be to make whole. And, how big is the septic - this is proving to be the Achilles Heel of all our add on services.
OTOH, when foreclosed, it had a $250,000+ mortgage. Standing outside, I ask myself how this much building in reasonable shape could be so cheap. It has a potentially amazing entrance on the side, for our spa intentions...
Nice area, somewhat busy country roads, but a number of empty businesses. Has 2 3 bedroom apartments, a large corporate area, and a standalone building with reception and a few half baths sprinkled around. Good sized parking lot, wooded all around and 0.75 acre lot.