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Possible Commercial/Residential Investment

1,323 Views | 6 Replies | Last: 4 yr ago by SteveBott
schwack schwack
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AG
I have a friend with a property coming up for sale in small-ish town East Tx (population 19K) that has plenty of office space + 2 apartments, lots of parking. Close to downtown.

There are 4 buildings:

Office space in 3 different buildings
2 upstairs apartments in another one with storage/office space below

All need some renovating, hvac, etc. but structures are sound. Not sure on zoning & if the rest could be turned into more residential or not. The neighborhood is mostly residential.

They bought with the intention of renovating, but lost interest & are planning to list soon. If seriously interested, PM me for his info.





edit to add: Very affordable taking into account work that needs to be done & the town is growing.

schwack schwack
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AG
Yikes - I just read the post about posting properties here. If I need to delete this, I will. . I didn't post about cost or anything concrete - I'm just trying to help a friend gauge interest as he decides what to do & this forum always has great input.
SECond2noneAgs
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AG
I think your post is exactly what the posting policy is talking about- -"one off" real estate listings by non-realtor posters. Having said that, what part of east Texas is this in?
itsyourboypookie
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I'll pay 30k cash. Let them lnow
Red Pear Luke
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Sponsor
AG
SECond2noneAgs said:

I think your post is exactly what the posting policy is talking about- -"one off" real estate listings by non-realtor posters. Having said that, what part of east Texas is this in?


It screams somewhere near Palestine to me.
Sponsor Message: We Split Commissions. Full Service Agents in Austin, Bryan-College Station, Dallas-Fort Worth, Houston and San Antonio. Red Pear Realty
schwack schwack
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AG
So I am out of bounds with the post? If it was my property though, I could post here? Just trying to work within the rules. How do I even get the post deleted? Just edit/delete the information on the OP?

Yep - Palestine.
ratfacemcdougal
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keep rollin....staph will decide if you have crossed any boundaries...however, I don't believe you have
SteveBott
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AG
Yea don't see a problem with it. If staff does let them handle it
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