Commercial Condominiums Apartments, Buildings for Rent
Lenoir City (TN) commercial apartment / condominium building for lease, Lenoir City (TN) commercial real estate for lease or rent
A Lenoir City apartment or condominium building for lease may be available from an owner in Lenoir City (TN) 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 Lenoir City (TN) owner and make sure the numbers work.
Lenoir City rental properties make a great investment income, but having to pay large down payments for Lenoir City (TN) property can eat up capital you may need for future repairs or Lenoir City (TN) property improvements and developments, by utilizing a master lease option you can save the up-front costs, build equity into your Lenoir City (TN) 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 Lenoir City (TN) property for any bank holding or liens.
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