Madison Heights (MI) commercial apartment / condominium building for lease, Madison Heights (MI) commercial real estate for lease or rent

A Madison Heights apartment or condominium building for lease may be available from an owner in Madison Heights (MI) who doesn't want to sell because of tax reasons, and doesn't want the continued responsibility of day to day running the operation. Understand the motivation of the Madison Heights (MI) owner and make sure the numbers work.

Why lease your Madison Heights (MI) 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 Madison Heights (MI) investment property for a smaller down payment and fairly lower risk. If you are wanting to eventually purchase the Madison Heights (MI) property, make sure your lease is drawn up by a capable attorney who knows real estate law thoroughly.