SOLD PRICE:
UNITS:
CAP RATE:
NOI:
BUILDING SF:

$3,595,000 
15+1
4.07% 
$146,269 
7,650  

TOTAL PURCHASED PRICE:
PROPERTY TYPE:
CAP RATE:
NOI:
BUILDING SF:

$7,300,000
41-Units
4.60% 
$335,463
31,790

Client GoALS

• Sell at the highest value 

• Higher income 

• Annual rental increases to offset the inflation 

• Good Location 

• Lease management intensive 

• The client did not want to leverage 

• Exchange to income tax free state 

tEAM aCCOMPLISMENTS

• 15 Year absolute Triple Net 

• Corporate Guarantee 

• 1.5% annual rental increase 

• 1.5% increased net income 

• 6x 5-year options to extend 

• Excellent Location 

• No management required