Higher Or Lower Wrote:
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> Think this incident would increase or decrease the
> sellers asking price of $5,750,000?
>
>
http://www.loopnet.com/Listing/9865-Fairfax-Blvd-F
> airfax-VA/8679117/
It’s the land that’s valuable, that’s what’s driving the price. Nobody would pay 5.8 million for that motel, you couldn’t earn enough money to pay the mortgage. It could be a vacant lot and would still sell for around the price they’re asking.