West Point (VA) commercial apartment / condominium building for lease, West Point (VA) commercial real estate for lease or rent

A West Point apartment or condominium building for lease may be available from an owner in West Point (VA) 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 West Point (VA) owner and make sure the numbers work.

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