Spanish Vista Class "A" Office Building

Spanish Vista, located at 4955 S. Durango Road in Las Vegas, is a garden style professional office building located at the hard corner of Tropicana Ave and Durango Drive. This property is located in a densely populated area surrounded by numerous commercial and residential developments. Within one mile the average household income is $107,423.

Purchase Price: $14,100,000

• Most Tenants have Annual Rental Escalations 3% - 6%
• New Financing Opportunity
• Year Built: 1999
• 7.23% Cash-On-Cash
• 3.99 Total Acres
• Average Household Income within one mile is $107,423
• Hard Signalized Corner of Tropicana/Durango

All leases are modified gross with a base year provision allowing for the recapture of future operating expenses and limiting exposure to rising expenses. In addition each lease provides for annual rental escalations. This property will be delivered free of debt, allowing a new buyer to obtain new financing.

Download the informational .pdf and then contact me if you're interested in moving forward with this investment.

Retail Building: Sapphire Pointe - Idabel, Oklahoma

Minimum Investments Starting At $150,000.00

• Property Name: Sapphire Pointe
• Rentable SqFt: ± 19,515.00
• Purchase Price: $2,758,800.00
• Sales Equity: $1,232,100.00
• Accountable Reserves: $159,600.00
• Total Available Equity: $1,391,700.00
• Loan: $1,367,100.00
• LTV: 49.55%
• Pro-forma Cap Rate: 6.50% for years 1-5 with 0.50% bumps every five years thereafter
• Price per SqFt: $141.37 /sqft
• Land Size: ± 1.86 acres
• Percent Occupied: 100.00%
• Year Built: 2005
• Type: Single-story retail building

Property Description:
Sapphire Pointe is a 19,515-square-foot retail center located in Idabel, Oklahoma. Shadow-anchored by the only Wal-Mart within two hours, the Property is easily accessible from State Highways 3 and 37 and U.S. Highways 70 and 259. Built in 2005, Sapphire Pointe is one of the newer properties in the area and boasts an attractive facade. Research of this submarket shows that over the past two years, well maintained and strategically located retail properties have remained nearly 90% occupied. Nationally, Wal-Mart shadow anchored retail centers generally enjoy at least 90% occupancy, with a majority of the centers being 100% occupied.

Top Tenants by Total Rent:
Sapphire Pointe is 100% leased out with a tenant mix that includes a strong mix of well known national and regional tenants.

Please contact me for a full marketing brochure and further information regarding this investment.

Multifamily: Meadow Chase Apartments - West Des Moines , IA

Minimum Investments Starting At $150,000.00

• Property Name: Meadow Chase Apartments
• Rentable SqFt: ±
• Purchase Price: $6,420,000.00
• Price per SqFt: /sqft
• Equity: $2,675,000.00
• Loan Amount: $3,745,000.00
• Loan-to-Value: %
• Percent Occupied: 92.00%
• Type: Multifamily housing

Property Description:
Meadow Chase Apartments is an 87-unit apartment and town home community in West Des Moines, Iowa. Build in 1990, the Property consists of 13 two-story buildings which are broken into 48 two-bedroom, one-bathroom apartment units and 37 two-bedroom, one-and-a-half-bathroom town home units.There is also a leasing office with a one-bedroom apartment upstairs. Nestled in a growing residential area and surrounded by single-family homes, condominiums and apartments, Meadow Chase Apartments boasts well-manicured grounds, impeccably maintained units and unimpeded access to Interstates 80 and 35. West Des Moines is a quickly expanding area that is enjoying stable rental rates and strong occupancy levels.

Top Tenants by Total Rent:
Meadow Chase Apartments is an 87-unit multifamily complex with amenities that include volleyball courts, picnic area with barbecue pit and a leasing office. Interior features include washer/dryer connections in all units, patios and balconies, large storage closets, dishwashers, and double-basin stainless steel sinks.

Please contact me for a full marketing brochure and further information regarding this investment.