Building Type: RetailSubType: Storefront (Super Regional Mall)Class: -RBA: 18,000 SFTypical Floor: 9,000 SFStories: 2Building Status: ExistingYear Built: 1973% Leased: 53.4%Owner Occupied: NoOwner Type: Investment ManagerTenancy: Multiple TenantLand Area: 0.27 ACZoning: CD-3Parcel No: 02-3234-007-0491Parking: 10 Surface Spaces are availableRatio of 0.55/1,000 SF
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Building Type: RetailSubType: StorefrontClass: -RBA: 18,790 SFTypical Floor: 18,790 SFStories: 1Building Status: ExistingYear Built: 1924% Leased: 100%Owner Occupied: NoOwner Type: Investment ManagerTenancy: Multiple TenantLand Area: 0.43 ACZoning: CD-3Parcel No: 02-3234-007-0490Parking: -
Building Type: RetailSubType: StorefrontClass: -RBA: 7,500 SFTypical Floor: 7,500 SFStories: 1Building Status: ExistingYear Built: 1936% Leased: 100%Owner Occupied: NoOwner Type: Investment ManagerTenancy: Multiple TenantLand Area: 0.17 ACZoning: CD-3Parcel No: 02-3234-003-0020Parking: -
Building Type: RetailSubType: Storefront Retail/Office (Super Regional Mall)Class: -RBA: 27,700 SFTypical Floor: 13,343 SFStories: 2Building Status: ExistingYear Built: 1940% Leased: 83.6%Owner Occupied: NoOwner Type: Investment ManagerTenancy: Multiple TenantLand Area: 0.34 ACZoning: CD-3Parcel No: 02-3234-003-0050Parking: 3 Surface Spaces are availableRatio of 0.10/1,000 SF
When your net worth is in the billions, your home’s amenities read more like a resort than a place to live. For a luxury mansion, pools, gardens, multiple-car garages and spas come standard, but these listings take the game to the next level. The current record for most expensive home sold in America is held by 60 Further Lane in East Hampton, NY, which hedge fund manager Barry Rosenstein purchased for $147 million in May 2014. But these mega-homes are making a play for the 8- and 9-figure club with these gargantuan list prices.
1101 Marine DrLaguna Beach, CA 926513 bed, 3 bath, 2,308 sq. ft.List Price: $65,000,000
Over $28,000 per square foot? That sounds like a ludicrous proposition, but what you’re really getting for your $65 million is the 2.8 acres of landmark waterfront property comprised of two huge landforms jutting out into the Pacific Ocean. This pristine property feels more like living on a private island in Hawaii than an hour south of Los Angeles.
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How to Pay Yourself When Buying an Apartment Building with Investors
1. Make sure ALL of your AGREEMENTS are current:Many times, owner occupants do not have a current lease with the entity that occupies the building that they own. After all, why should they? The rent flows from one pocket (you as the tenant) to the other pocket (you as the owner).
2. Schedule a PERSONAL visit with your occupant(s):Easy enough if you are the owner occupant but a bit more time consuming if you are an investor with a multi building, multi state portfolio of real estate. If you cannot personally visit each tenant, make sure that your property manager or broker visits them annually.
3. Take a look at the CURRENT MARKET conditions:I have several clients that engage me annually to prepare a broker opinion of value for their real estate.
4. REFINANCE:You heard it here FIRST…actually probably not…BUT, these Eisenhower era interest rates can’t stay this low forever.
5. REVIEW any key dates that will occur this year:Options to renew, options to purchase, loans that mature, leases that expire, brokerage engagements…understand what they are and when they occur.
3 Bedroom 2 Bath Brick House and Newly Remodeled 10 Room Motel and Restaurant for SaleThe House, Motel and Restaurant sit on same lot. They are located 10 miles South of Mc Rae Georgia and 10 mile North of Jacksonville, GA on Major Hwy 441. Lots of Hunting and Fishing in the areaMotel has been newly Renovated and is being rented daily, weekly and monthlyRestaurant is not presently open. It would make a GREAT CONVENIENT STORE for the location!!Brick House is very convenient for manager or Owner!!
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