“If you have $300,000 and are willing to part with it for a little bit of concrete, cool–you’ve got a parking spot,” or you could use the same money to launch a small rental portfolio. Constantine Valhouli of real estate market research firm, Neighborhood X, ran the numbers after a “car condo” opened near his Cobble Hill home charging about $300,000 per spot plus taxes and maintenance fees. With parking spots selling for between $200,000 […]
source https://therealdeal.com/2018/08/11/do-the-math-buy-a-parking-space-or-start-a-little-real-estate-empire/
No comments:
Post a Comment