Must-Read Tips to Appraise, Buy, and Sell Special Purpose Property [2021]
The Robert Weiler Company
MARCH 15, 2021
Legally speaking, a special purpose property definition can be illustrated as any property that has limited use or marketability in addition to features intended for singular use. Sold by the Boston Archdiocese to Franklin Grove LLC for $3 million in 2015, one wonders if, despite the current vacancy, the building has increased in value.
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