It is time to show off-- We are buying a motel in a busy street

A motel in Northern Virginia!

Tax Value: 2.7 millions.

Independent valuation last year: 3.0 millions.

Listed for 2.2 millions.

We submitted the LOI the very next day after it hit the market.

Ratified LOI within 4 days!

When everyone woke up, it was too late.

Signed contract within 2 weeks.

Close to 2 acres on the businest street with a much longer side along the street!!!

We have the right to build a shopping center for 37000 ft. A shopping center in this locaiton of this size would worth at least $17millions.

As the city truely wants to remove this motel, we may be able to build 47000 to 50000 ft. Worth much more. 

I have been waiting for such an opportunity for years. 

So, conclusion-- you must watch your local market closely before you can act really fast to grab a great deal.

Actually, this is a super deal!

所有跟帖： 

• Congratulation ! -IEbird- ♀ (0 bytes) () 10/03/2014 postreply 17:26:45

• 不错！机会非常好， 机会也是给准备好的人预留的 -b52.- ♂ (3 bytes) () 10/03/2014 postreply 17:26:50

• High five! -wxcmvyanyan- ♀ (0 bytes) () 10/03/2014 postreply 17:27:12

• congrats! -咖啡- ♀ (0 bytes) () 10/03/2014 postreply 17:28:36

• 恭喜 -薛成- ♂ (0 bytes) () 10/03/2014 postreply 17:34:26

• 老地主V5，恭喜！ -关键字- ♂ (66 bytes) () 10/03/2014 postreply 17:46:32

• 硅谷这太多的sharks，一般都不会收pre-emptive offer，deal好的太难了。GXGX！ -xpk2011- ♀ (0 bytes) () 10/03/2014 postreply 17:51:16

• 这seller, 卖之前没有做资产评估? 还是急于用钱？通常卖主都会做好评估，开价都会控制在10%之内的，大部分还是高开10%- -trimtip- ♂ (40 bytes) () 10/03/2014 postreply 17:58:37

• 赞股神。 -洞顶乌龙香- ♀ (0 bytes) () 10/03/2014 postreply 18:20:20

• Most of the time, -WQPY- ♂ (23 bytes) () 10/04/2014 postreply 12:14:06

• Great achievement. 祝贺。 -云起千百度- ♀ (0 bytes) () 10/03/2014 postreply 18:18:29

• 恭喜！向老大学习！ -Oona- ♀ (0 bytes) () 10/03/2014 postreply 18:20:04

• 老地主就是强 -飘落的草- ♂ (0 bytes) () 10/03/2014 postreply 18:21:54

• Good for you! -小心翼翼的小地主- ♀ (0 bytes) () 10/03/2014 postreply 18:24:13

• GXGX! -凌长老- ♂ (0 bytes) () 10/03/2014 postreply 18:45:17

• 恭喜！ -海泠- ♀ (3 bytes) () 10/03/2014 postreply 19:23:22

• 恭喜恭喜， -qiaoshe- ♀ (0 bytes) () 10/03/2014 postreply 19:39:08

• 恭喜大牛！ -海魂衫- ♂ (0 bytes) () 10/03/2014 postreply 20:52:51

• 可喜可贺 牛 -gaofushuai88- ♂ (0 bytes) () 10/21/2014 postreply 10:05:19