View Single Post
 
Old 03-03-2011, 11:02 AM
spk7951's Avatar
spk7951 spk7951 is offline
Gold member
Join Date: Aug 2008
Posts: 1,272
Thanks: 7
Thanked 31 Times in 18 Posts
Default

Quote:
Originally Posted by KathieI View Post
[COLOR=Purple][FONT=Comic Sans MS][SIZE=3]According to sources at that time, the rent supposedly for that location is $20,000/mo. No one could sustain that kind of rent, no matter how much they charge for gas.

I agree with you that if true the $20K per month rent would be very difficult to sustain but if someone did their homework prior to leasing I would hope they would have at least reached that conclusion prior to signing.

According to the Sumter County land records that piece of property was bought in 2007 by an LLP partnership out of St Pete for $1.5M and their property taxes are paid up. Tried searching the web for the partnership but found nothing.