TITLE:
Syndication Investment Opportunity
CONTROL:
Owner
VALUE:
$11,098,282
LOAN:
$6,676,958
EQUITY:
$4,421,324
TYPE:
Income Comb.
HAVE:
Purchasing a trio of single-story flex/office buildings and seeking qualified investors to raise equity. Offering 8% 'safety first' preferred returns, and 10.6% returns after waterfall. Current tenants are "sticky" with a WALT of 60 months.
ADDRESS:
Newmark Dr, Miamisburg, Ohio
BENEFITS TO NEW OWNER:
The portfolio is 95.8% leased to a diverse tenant mix with medical, consulting, innovative technology manufacturing, secure office, day care, home health care, and real estate.
GROSS SCHEDULED INCOME:
$1,937,569 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$1,937,569
EXPENSES:
$855,757
NOI:
$1,081,812
DEBT SERVICE:
$0
CASH FLOW:
$1,081,812
CAP RATE:
9.75%
REMARKS:
Dayton and Cincinnati MSAs are merging at the next census to become a top 10 MSA in the U.S.A. Market with sub 5% vacancy, recession and on-line resistant Tenants
COUNSELOR:
Justin McElfish
Only Epic Holdings
4350 Brownsboro Rd
Louisville, , 40207
Phone: 5027410952
Email justin@onlyepic.com
