Newport (KY) commercial apartment / condominium building for lease, Newport (KY) commercial real estate for lease or rent

Newport (KY) 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 Newport building is to be leased, the lessee can be responsible (most likely) for all the upkeep and service charges related to the Newport (KY) apartments or condominiums.

Leasing an apartment building can help you achieve your dreams of obtaining Newport (KY) investment property earlier if you are lacking the immense up-front costs it takes, e.g. down payment and closing costs. However, you should be careful and research the Newport (KY) property is free of any bank liens. Have a competent Newport (KY) attorney draft the contract to ensure your interests are protected and your investment intact if the owner dies, disappears, or files bankruptcy.