CASE STUDY #1

1031 EXCHANGE →

 

Sold Property

7105 Ethel Ave | North Hollywood, CA 91605

Purchased Property

1016 Mineral Wells Ave | Paris, TN | Burger King

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

$1,975,000 
8
4.17% 
$81,362 
7,938 

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

$1,915,000 
BURGER KING
5.00% 
$98,413 
2,579 

Client GoALS

  • Maximize sale value

  • Increase investment income

  • Annual rent increases to offset inflation

  • Good location

  • Reduce required management

  • Avoid additional leverage

  • Exchange to state without income tax

tEAM aCCOMPLISMENTS

  • 14+ years remaining on absolute NNN

  • 10% rent increases every 5 years

  • No landlord responsibilities

  • 2008 construction/rebuild with

    Drive-Thru

  • Located along primary commercial

    corridor with 21,170 cars/day

  • Neighboring retailers include

    Walmart, Lowe’s, Kroger and more

“Reza Ghobadi and his team recently represented us in the sale of our property in North Hollywood, CA. They were able to sell our multifamily apartment building promptly and at a great price. Their knowledge, expertise and contacts were much appreciated throughout the transaction. Mr. Ghobadi and his team also assisted us with the 1031 tax exchange of this property into an absolute NNN property out of state. We are very happy with this exchange as it has allowed us to be more hands off but continue to receive the income we desired. Mr. Ghobadi was very instrumental in coordinating the exchange to be smooth and without any issues. We highly recommend Mr. Ghobadi and his team and plan on having them represent us in future property transactions.

Sylvia Gil
”