ANDERSON rent to own home - a commercial property ( beds, baths)

Almost 8.3% cap rate at below market rents! Former Bank of America building available for sale or lease on busy North Street in Anderson, C. This 11, 188 square foot standalone building has approximately 9, 000 on the first floor and an additional 2, 188 square feet available on the 2nd floor. The property includes an expansive parking lot and existing multi-lane drive-thru. Priced to sell at just $62/sf, or lease it for just $0.65/sf modified gross, that's less than industrial space! With asking rent, list price comes in just under 8.3% cap rate. See documents section for brochure.This rent to own home is a commercial property located in ANDERSON. It offers in size, beds and baths. Review its detailed information and determine if this ANDERSON rent to own has the qualities you are looking for.

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

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