Spidey2721 Posted September 18, 2004 Report Share Posted September 18, 2004 want a race track? http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&category=15825&item=4320977266&rd=1 Later, jay Quote Link to comment Share on other sites More sharing options...
Devils Advocate Posted September 18, 2004 Report Share Posted September 18, 2004 That's sexy as hell. Quote Link to comment Share on other sites More sharing options...
Tulo Posted September 18, 2004 Report Share Posted September 18, 2004 I'll take it! graemlins/thumb.gif Quote Link to comment Share on other sites More sharing options...
Guest powers Posted September 18, 2004 Report Share Posted September 18, 2004 you can get commercial loans for 70% of the current property apprisal and the seller will finance the other 30% for you in most cases. Alot of people who buy these type of properties only come to the table with 10-20K for closing costs. Monhtly payment for this would be about 22,500 for the first mortgage. And 9200 a month for the second. Aslong as the property brings in 40,000 a month anybody wit the closing costs and good credit can buy this property. But i would assume the proprty is not performing at this time and that's why it's for sale. I did the numbers based on a purchase price of 4,000,000 Quote Link to comment Share on other sites More sharing options...
RangerTurbo Posted September 18, 2004 Report Share Posted September 18, 2004 yeah, they were showing this on the news or somthing last nite... to buy that would be pimp as hell Quote Link to comment Share on other sites More sharing options...
suffocateXfaster1647545505 Posted September 18, 2004 Report Share Posted September 18, 2004 Anyone up for a group purchase Quote Link to comment Share on other sites More sharing options...
Spidey2721 Posted September 19, 2004 Author Report Share Posted September 19, 2004 Originally posted by Eastside Juggalo: Anyone up for a group purchase lmao!! Quote Link to comment Share on other sites More sharing options...
Nitrousbird Posted September 19, 2004 Report Share Posted September 19, 2004 The problem is bringing in that kind of revenue on a continuous basis. Not only is it 40k/month for just payments on the place, you have to pay employees, insurace (which is probably pretty hefty), utilities, taxes (again, hefty), upkeep, etc.....that adds up to a lot of money a month. The problem is that most racing series don't run year-round. Add to that you have to have this place books almost daily w/ big weekend events to generate that kind of money. Not easy to do. Of course if I was just rolling in Bill Gates kind of cash, I'd have something like that. I'd tear out the motocross track and do a nice drag-strip there instead. Quote Link to comment Share on other sites More sharing options...
Guest charlie Posted September 22, 2004 Report Share Posted September 22, 2004 Wow I'd like to have that. -Charlie Quote Link to comment Share on other sites More sharing options...
Balian Posted September 22, 2004 Report Share Posted September 22, 2004 I wonder how much Ebay is making on this one! Quote Link to comment Share on other sites More sharing options...
Guest powers Posted September 22, 2004 Report Share Posted September 22, 2004 ebay real estate is like ebay motors. They have a flat rate for the auction type. Less than 1,000 dollars i'm sure. Quote Link to comment Share on other sites More sharing options...
Guest stvbreal Posted September 22, 2004 Report Share Posted September 22, 2004 Screw trying to make money off of it. If I had the money I would buy it, build a house on the land and just screw around all damn day. Quote Link to comment Share on other sites More sharing options...
desperado Posted September 23, 2004 Report Share Posted September 23, 2004 Nope, no drag strip, not interested. Quote Link to comment Share on other sites More sharing options...
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