Hot off the press Victory Lane newsletter for Legacy Investors/Entrepreneurs in today’s marketplace. Here are some great deals for review if you are considering buying not only real estate, but business opportunities. Business opportunities today are an open canvass for the creative mind. Everything simple or technical is changing or becoming a hybrid of something. We all know this leads to open doors.
This newsletter has the traditional commercial real estate (CRE) products such as a residential scrape and build in West Seattle to another scrape and build mid-rise in NE Seattle, but that’s not all that awaits eager readers as this article has a wide variety of unique deals for any entrepreneur/investor up and down the I-5 corridor.
A creative mind is needed for most business opportunities
For example; a worthy opportunity to take an existing mom & pop mailbox business and direct it to next logical evolutionary phase of the business model or a unique win-win sub-let opportunity for quality “cracker barrel” type brew place.
…and we just getting started with interesting and rich content. Let us begin:
Deal 1. West Seattle Scrape and build to maximum code allowance. I see 3-story townhome with DADU. Really one needs to talk to architect fluent with the latest and greatest new codes from King county…as I think you could propose almost any variation of housing and they will accept. Not only that, I hear their new initiatives allow fast track and bypass preliminary approvals. This off-market deal is buyer paid 3% commission and seller willing to let go at 2026 tax assessed value $695,000. Seattle home builder special for sure. All recent sales in are show homes built before 1950 sold up to $1.1 – $1.5 million. Contact me if interested viccipe@gmail.com
Deal 2. Surprise off market Commercial Deal in Pierce County. A real estate entrepreneur has a project with a specific goal in mind for NNN vehicle. The goal is to entitle the property and prepare to sell a 15-20 yr NNN ground lease to brand name retail restaurant. Very exciting instrument being proposed in Tacoma worthy of review. The entrepreneur says, estimated monthly rent : Pad–Ready (NNN): $15,000 /mo. $180,000 /yr. Thought you should know about it in the event this is your kind of instrument? Contact me if interested viccipe@gmail.com
Deal 3. Off-market and Shovel Ready (yes, I mean ready to start work now) 8-story mixed-use Apt building in downtown Seattle. This project is for the experience builder investor seasoned or ready to roll in the 100 units and up deals. Contact me if interested viccipe@gmail.com
Deal 4. Buy and hold NNN instrument in NE Seattle. Commercial corner with (2) tenants good for scrape and build development. No entitlements exist, but across the street (same zoning and lot size) they are getting permitted to build 72 units, 5-story apt building. Perfect for seasoned developers. Contact me if interested viccipe@gmail.com
Deal 5. The 40 yr old mailbox business ready for new talent for sale. Perfect for family business. There is a lot to this business besides just four decades of goodwill in the NE Seattle community. Exciting venues for shipping and electronic mailboxes are just scratching the surface at where this scalable business model can evolve. Creative minds with good retail experience and vision are encouraged to review. $100K minimum plus 10% buyer paid commission. Contact me if interested viccipe@gmail.com
Scalable Business Model with multiple revenue streams available
Deal 6. Small Town Vibe, but in the path of progress low-rise Apt development project. This is an exciting deal in Snohomish County, Sedro-Woolley, WA state . https://victorylanebrokerage.com/sedro-woolley-wa-spectacular-multifamily-investment-permits-in-hand/ this is a cash-flowing multi family investment with development opportunity. The plan set is about increasing unit count to maximum potential. Entitlements are complete, but i think building permits have expired. However, i suspect (with expected little difficulty) they can be revived with the potential for code updates probably. However, you may have a better best-use idea? Currently, the project is to increase the quantity of APTS on an existing cash flowing property in path of progress. Contact me if interested viccipe@gmail.com
Deal 7. Strategic sub-let business opportunity in downtown Marysville, WA state, Snohomish county. Dreamy classic, old world charm commercial designated retail block for community businesses. This opportunity is perfect for compatible restaurateur with low cost entry into a thriving existing customer base. Details to be negotiated for a win win scenario. Weekends place has 100 plus people. All good customers with excellent community good-will established. This deal is a real treat for the right entrepreneur. Contact me if interested viccipe@gmail.com
Downtown Marysville, WA
If any of these deals seem interesting to you then I do believe you are perfect candidate for Victory Lane Legacy Investor group. This is a group of buyers/investors looking for (mostly) buy and hold deals ripe for new development with long term appreciative value primarily in living assist and mixed use housing sector. Deals where investors are empowered with turn key inside solutions (https://victorylanebrokerage.com/services/development/) for development and property management. Contact me if interested viccipe@gmail.com
Word on the street is interest rates are coming down, regulation is being eased and small town growth in the path of progress is great way to diversify ones real estate portfolio. I have been seeing great potential for horizontal development in the Snohomish County markets such as the Marysville and Arlington corridor. Many new companies have invested in new facilities for manufacturing and logistics such as Amazon, Tesla, Frito-Lay, Blue Origin, Boeing to name a few.
Overall, I see grade A commercial real estate making first come back. I see qualified prospective tenants just simply appreciate the finer touches, rather than competitive C & D properties. A trend back to longevity and stability with quality products built and installed by trained personnel is on the rise. At least that is what i feel. Sure, the confidence in the market is not as strong as we would like, but it is looking better rather than not. CRE is a tough business, so tough to make great calls all the time, but I feel strong venue today is focus on shell construction and creative repositioning models for commercial real estate.
We all feel the beat in the street in our own way.
If you have pertinent thoughts on these subjects and have a moment please leave your sentiments in the comments section.
Recent Comments