West Bloomfield (MI) commercial apartment / condominium building for lease, West Bloomfield (MI) commercial real estate for lease or rent

West Bloomfield (MI) 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 West Bloomfield building is to be leased, the lessee can be responsible (most likely) for all the upkeep and service charges related to the West Bloomfield (MI) apartments or condominiums.

West Bloomfield rental properties make a great investment income, but having to pay large down payments for West Bloomfield (MI) property can eat up capital you may need for future repairs or West Bloomfield (MI) property improvements and developments, by utilizing a master lease option you can save the up-front costs, build equity into your West Bloomfield (MI) property and finance via bank loans at a later date. Have a good lawyer write up your real estate contract to protect your future plans, and research the West Bloomfield (MI) property for any bank holding or liens.