Commercial Real Estate Properties
Commercial real estate are properties that are prepared for buildings, apartments or for business types. They are not utilized for residential usage. “There is a kind of residential real estate property that is meant for family residence”, Dolf de Roos, 2010. A commercial property is usually created for investing at one point in time. Yet there are several operating expenses to the property owner relating to the building price, insurance fee etc., nonetheless there is a cash inflow that generates from tenants to the property owner once the property has been rented to a tenant(s).
An Example of a Real Estate Property
The commercial property I am viewing is locate at 201 Sugarloaf Rd, Hendersonville, NC 28792. The property is classified as commercial real estate. It is a functioning I-26 Interstate Hotel that is approximately 79, 106 SF, and there are 149 rooms. They provided full service for their guests. The specifics of this property are: as follows:
It is located on 6.71 acres there are around 179 places to park.
There is 1183’ frontage on the property.
The building is two stories with a lovely main guest lodging resource.
The main lodging resource host 99 rooms and 49 of those rooms are located with an atrium view. The other 50 rooms are located in the main lodging resource with the mountain-view.
The property comes with a detached wing that consists of 50 rooms, but these rooms are currently unavailable.
The property also has an…