Working with investors is a segment of the job that a select number of Realtors do. I thoroughly enjoy working with the small residential investor or the larger commercial investors. Everyday is something new and exciting.
Owning and operating a small business for several years, as well as partnering in larger commercial investments-like strip centers-allows my investors a wealth of experience not seen in many Realtors. That is the main reason that I specialize in the investment side of Real Estate.
Keeping my eyes open to new opportunities for the entrepreneur is an aspect of my job that I take seriously. Starting my day with looking through 100's of listings for that perfect opportunity for the new or seasoned investor.
Over the past week I have been discussing two such opportunities in Dundalk. Both are in high traffic areas and prime for the savvy investor to reap great rewards!
How about a building roughly 21,000 sf underroof with a 30,000 sf parking lot (1.58 acres total) on a main street with HIGH traffic counts daily! Currently rented on a MtM lease but application was made and approved to split building into as many as 7 units! That equates to about 3000 sf per unit-perfect for offices or retail lease! (As a note I am currently working with 3 small store owners that are looking for this type space!)
Dundalk retail currently rents for $12-$14 per sq ft-or $3000 to $3500 per month-multiplied by 7 units is $21,000 to $24,500 PER MONTH Lease Income. This would be a great income producer for any investor with a list price of just $1.5M!
Do you have someone that works on your car that you would swear by? Have you ever told that person that they should open their own garage? Well here is the opportunity they should look at.
2 bay garage w/office AND car lot w/office AND fenced storage lot. (.61 acre total) Very HIGH TRAFFIC location with quick access to 695. ALL Inventory included in sales price. This is truly a turn-key operation for mechanic or used car sales! At only $1,125,000-this is an opportunity that won't be around long!
If you or someone you know is in the market for investment property-Residential or commercial-call me immediately with your needs and I will start to work immediately to find that perfect opportunity to increase your income and net worth!
Stephen D Luckett-ExecuHome Realty
443-912-4866 cell 866-258-5476 toll free
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