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Viewing entries tagged
buyer specialist

What does $1 Million Dollars buy you in Commercial Real Estate in Austin?

What does $1 Million Dollars buy you in Commercial Real Estate in Austin?

A traditional Commercial Loan requires 20% down minimum.  

Downpayment is based on Borrowers Experience, Financials, and Credit.

$1 Million Dollar purchase requires a minimum of 20% down.  For new Commercial Buyers we recommend 25%-30% down for qualification. So your downpayment will be a minimum of $200,000.

Wondering what you can buy if you have a $200,000 downpayment?

We pulled some listings currently on the market in Austin Texas to give you an idea of what is available.

 

South Austin Building for Sale.png

Great 1940s converted bungalow. Excellent visibility and signage on Manchaca near Lamar.

Price: $975,000

Building Area: 2,336 SF

Austin Auto Shop for Sale.png

Nice Location on N. Highway 183.

Price: $950,000

Building Area: 4,446 SF

South Lamar Building for Sale.png

Rare Location on South Lamar, Great Signage, Free Standing, Creative Office Space or Retail.

Price: $985,000

Building Area: 1,290 SF

Central Austin Building for Sale.png

Central Austin near Burnet Rd.

Price: $998,000

Building Area: 4,800 SF

Minimum Downpayment = $200,000

Tax Code Update and it's Impact on Commercial Real Estate

Tax Code Update and it's Impact on Commercial Real Estate

As a Commercial Real Estate Broker I am often asked for guidance on decisions my clients are making.    No matter the transaction size we want our clients as educated as possible on legal and tax implications.

 

Negotiating a Commercial Lease

Negotiating a Commercial Lease

For any business renting space, a commercial lease is one of the most important documents in the filing cabinet, sharing company with bank documents, proof of insurance, and yet-to-be-paid invoices. Because it defines the legal relationship between landlord and tenant, a commercial lease will, in many ways, provide physical context for a business inhabiting the space while shaping opportunities for growth throughout the contract term. 

 V. Bruce Evans CCIM ~Joins the Beck-Reit Commercial Team

V. Bruce Evans CCIM ~Joins the Beck-Reit Commercial Team

Broker and Agent V. Bruce Evans has joined the Beck-Reit Commercial team as an agent, analyst, and, more specifically, as our Buyer's Specialist. V. Bruce is a man of many merits, all of which we are grateful for as Beck-Reit Commercial continues to grow, so it's important we give him a proper introduction to make his skills and knowledge known to our Clients & Community.