When Is The Right Time To Sell A Commercial Building?




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There are many myths and falsehoods on when the best time to sell any kind of property is. But simple, the best time to sell a property is whenever it benefits you! However, certain key factors can significantly enhance the sale value of your investment in real estate. 

The very best time to sell any kind of investment property is when the property is thriving, so what does that look like?

1.) Prime building condition: It's crucial to ensure that the property is in top-notch condition. This not only attracts prospective buyers but also creates a positive first impression. As they say, first impressions matter.

2.) Long term, established leases: The presence of long-term, well-established leases with your tenants can be a major influencing factor in how buyers perceive your property. Having all tenants on 5-10 year leases is far more appealing than shorter-term leases, such as 1-3 years.

3.) Property is 100% leased: This says to the buyer “No need to worry about finding tenants, they are already in place,” a huge and appealing factor to anyone interested in your property.

At times, it might seem challenging to sell a property that's generating consistent income with minimal hassle. However, the very attributes you desire in real estate – strong, long-term tenants and a well-maintained building – are the same qualities that prospective buyers seek. There will always be a demand for properties with these characteristics.

If you believe your property meets the ideal conditions for sale in terms of both its physical state and occupancy, please don't hesitate to reach out to discuss its market value and potential marketing strategies.

 Call 765-427-5052

Email bneihouser@shook.com

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