WILLOW BUSINESS CENTER

THE STORY

Acquired a single tenant manufacturing facility in an area being revitalized along a popular bicycle path. The structure was subdivided into 7 separate units and a mezzanine added into one, thereby increasing overall leasable square footage. The building was held for lease for 7 years providing 7% annual cash on cash return. After several expansions by the anchor tenant, a local brewery, the building was sold to the brewery, for an overall 55% return. After taking into account the annual cash flow for 7 years the IRR balloons to 105%.

The Details

Aquisition Price: $320,000
Amount Invested: $300,000
Total Investment: $620,000
Sale Price / Value: $960,000
Profit: $340,000
Total Return on Investment: 55%