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

282 feet of Van Dyke frontage with high exposure count of 20, 000 vehicles per day. Located just North of downtown Almont. Strategically loated just south of I-69 offering easy freeway access to I-94 Port Huron, I-75 Flint, North to Port Austin or South to Detroit. 2 buildings approximately 12, 000 square feet each, special C-3 Zoning allows for commercial, industrial, retail, self storage and RV/truck storage. Buildings constructed in 2000 and are in excellent condition with free span construction for flexibility use, eighteen foot ceilings, truck well, three phase power, 880 volt. Central air, gas forced air heat, metal roof, septic and well. 5, 000 square feet of office space. Building One is currently under three year lease with option to renew for six more years. Building Two has six units rented with one vacancy. Net operating income is $203, 194.00 with a 11.28% cap rate.This rent to own home is a commercial property located in Almont. It offers 6.94 acres in size, beds and baths. Review its detailed information and determine if this Almont 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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