CASE STUDY #2

1031 EXCHANGE →

 

Sold Property

7032 Remmet Ave | Canoga Park, CA 91303

Purchased Property

1005 N Judge Ely Blvd | Abilene, TX 79601

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

$9,000,000  
30+1
4.5%  
$405,000  
30,481  

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

$8,808,000  
WALGREENS
5.02% 
$446,886 
14,533  

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

  • Pulled $200,000 out of the proceeds

“I would like to thank you for the fine job you and your team did with the
sale and purchase of my properties. Your knowledge and negotiating skills
were a big help in completing the transactions successfully. I will be calling
you again with my next Real Estate endeavor.

Jerry Stone”

tEAM aCCOMPLISMENTS

  • 16+ years absolute NNN

  • Corporate guarantee

  • 10% every five years

  • Ten five-year options

  • Excellent location

  • No management required