3380 Lacrosse Lane

Acquisition Date

8/16/2019

Purchase Price 

$922,500

Outside Investment

$200,000

The building was 80% occupied when purchased. Those vacancies have since been filled and the building is now 100% leased. Since the August 16, 2019 acquisition our investor has been paid $185,000 in cash returns which equates to nearly a 50% annual cash-on-cash return. Additionally, going forward our investor will receive cash payments of $30,000 per year in interest payments and cash flow distributions.

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