North Chili (NY) commercial apartment / condominium building for lease, North Chili (NY) commercial real estate for lease or rent

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

North Chili rental properties make a great investment income, but having to pay large down payments for North Chili (NY) property can eat up capital you may need for future repairs or North Chili (NY) property improvements and developments, by utilizing a master lease option you can save the up-front costs, build equity into your North Chili (NY) 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 North Chili (NY) property for any bank holding or liens.