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Commercial CONDOMINIUM CONVERSION ADVANTAGES
I.) Increase the value of your commercial real estate by 25% to over 100% !
Commercial real estate condominium conversions is the fastest means of IMMEDIATLEY increasing the value of your multi-tenant office building, retail strip center, warehouse, multi-tenant industrial complex, and, marina. Commercial condominiums are becoming more and more prevalent throughout the United States, and the world, and are feeding off intense demand from both small and large businesses. The opportunity of office ownership has a strong and secure appeal to both existing tenants, as well as new buyers. Additionally, many businesses are becoming accustomed to condominium ownership, worldwide, rather than leasing, which has further fueled the demand for such product and is projected to grow well into the future. The increase in commercial condominium ownership has generated both new, expensive construction as well as the more cost effective, and expeditious condominium conversion of existing complexes. Commercial condominium conversion as the way of the future for existing real estate investors to instantly and dramatically increase the value of their property by as much as 25% to over 100% AND extract tax free cash. Since 1999, our International partner has been establishing itself as one of the leading forerunners in the commercial condominium conversion business.
II.) The advantages to businesses, existing tenants and new buyers are numerous and profound.Here are some of the salient points:
· PRESTIGE OF OWNERSHIP: The prestigious status of condominium ownership enhances the comfort and trust to their clients through their commitment as building owners.
· MONTHLY COST SAVINGS: Successful condominium conversions offer a dollar-for-dollar monthly cost savings of Ownership VS Rent. Furthermore, there is an effective cost savings when factored over a ten year hold.
· FINANCIAL SECURITY: Commercial condominium owners have the financial peace of mind security that their business environment is stabilized. They are protected from annual rental increases, lease renewal modifications and terminations, while building financial equity. \
· CONTROL: Each commercial condominium owner has a pro-rata ownership of all common area real estate and also has voting rights to direct the Condominium Association which governs the policies, procedures, expenses and maintenance of all common areas of the complex.
· TAX ADVANTAGES: The effective power of mortgage interest deductions, standard, accelerated and cost segregated depreciation can not be matched by leasing office space.
· FINANCIAL GAIN: Commercial condominium ownership provides businesses with MONTHLY equity gain growth as well as the opportunity to capitalize on real estate market appreciation, as leasing does not.
· EXIT STRATEGY: Many professional businesses realize that real estate ownership adds value to their business and adds a DYNAMIC exit strategy by offering the future business owner the ability to finance the business acquisition through and with the condominium real estate, or to derive a TAX FREE cash out refinance due to the equity build up and/or obtain retirement income from the real estate rental income realized from leasing the condominium.
· CONCLUSION: The above salient points commercial condominium acquisition leads leasing existing tenants and new buyers to the obvious conclusion,……
”How can I afford NOT to Purchase”?
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