Commercial Condominiums Apartments, Buildings for Rent
San Jose (IL) commercial apartment / condominium building for lease, San Jose (IL) commercial real estate for lease or rent
San Jose (IL) 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 San Jose building is to be leased, the lessee can be responsible (most likely) for all the upkeep and service charges related to the San Jose (IL) apartments or condominiums.
Why lease your San Jose (IL) 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 San Jose (IL) investment property for a smaller down payment and fairly lower risk. If you are wanting to eventually purchase the San Jose (IL) property, make sure your lease is drawn up by a capable attorney who knows real estate law thoroughly.
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