Hi All,
I discovered that in front of the laundromat I am about to make an offer on there will be construction of a 4 story apartment building starting within the next year.
While this should be good for business when it’s completed in a couple years, the construction process will disrupt the laundromat business significantly. The new building will be built on an empty lot directly in front of the laundromat blocking the current street frontage.
Does anyone have any thoughts on how to structure the offer based on performance during the construction process? There is some seller financing for a portion of the asking price.
Thanks
.
