Port Townsend (WA) commercial apartment / condominium building for lease, Port Townsend (WA) commercial real estate for lease or rent

A Port Townsend apartment or condominium building for lease may be available from an owner in Port Townsend (WA) 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 Port Townsend (WA) owner and make sure the numbers work.

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