Buyers....right now the inventory of commercial properties in the Redding area is at an all-time high....which translates to "this is a good time to buy an income producing property". We have a very nice choice in multi-family properties from the $200,000 duplex or fourplex...to the larger $3,000,000 100 unit complexes. And, financing is available at a very good and competitive rate. We have a nice selection of mobile home parks, and self storage complexes....which are excellent recession resistant properties. If you are looking for a cash cow service station with convenience store, we have 17 available in the North State, from major brand Shell and Chevron to the unbranded stations. Simply put, this is an ideal time to buy....especially if you have a little extra cash for investment purposes.
Financing is, once again, becoming much more available than even 6 months ago. Money is flowing from the stock market back into real estate. And, we have a couple of multi-family properties where the seller will carry back some of the financing, and one in particular has an excellent first loan and the seller will carry a second...so little case, relatively speaking, can get one into an income producing property.
Now is the time to act....as an investment property buyer. Give us a call.
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