Hilo (HI) commercial apartment / condominium building for lease, Hilo (HI) commercial real estate for lease or rent

Hilo (HI) apartment and condo buildings are sometimes great investments as they can be leased in part or in whole to a single tenant or several tenants. If the whole Hilo building is to be leased, the lessee can be responsible (most likely) for all the upkeep and service charges related to the Hilo (HI) apartments or condominiums.

Hilo rental properties make a great investment income, but having to pay large down payments for Hilo (HI) property can eat up capital you may need for future repairs or Hilo (HI) property improvements and developments, by utilizing a master lease option you can save the up-front costs, build equity into your Hilo (HI) property and finance via bank loans at a later date. Have a good lawyer write up your real estate contract to protect your future plans, and research the Hilo (HI) property for any bank holding or liens.