Lake City (AR) commercial apartment / condominium building for lease, Lake City (AR) commercial real estate for lease or rent

Lake City (AR) apartment and condo buildings are sometimes great investments as they can be leased in part or in whole to a single tenant or several tenants. If the whole Lake City building is to be leased, the lessee can be responsible (most likely) for all the upkeep and service charges related to the Lake City (AR) apartments or condominiums.

Why lease your Lake City (AR) apartment building and not just buy? It could take up to 30% down payment to make that happen, but with a master lease you can acquire Lake City (AR) investment property for a smaller down payment and fairly lower risk. If you are wanting to eventually purchase the Lake City (AR) property, make sure your lease is drawn up by a capable attorney who knows real estate law thoroughly.