ORLANDO—One local business owner is looking to clean up in a buyer’s market. Kermali Enterprises just snapped up an REO car wash in Sanford for $429,500.
“This deal was unique because it was a bank-owned asset and it went from contract to close in eight days,” Kim Lohry, an agent at Commercial Associate at CAP Realty, tells GlobeSt.com. “Everyone likes to complain about the lack of cooperation from the banks, but we had an amazing response time on this transaction.”
Lohry represented the seller, Business Loan Center, LLC. Adolpho Pereira, an agent at Dover International Realty, Inc. represented, Kermali Enterprises.
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