- Strip center in Douglasville, GA: 11,200 SF retail strip on 1.4 acres outparcel to a Home Depot in a prime commercial corridor in a rapidly growing Atlanta suburb. 100% NNN leased. NOI $106K/yr. $1.25M. 8.5% cap. Ideal investment for first time investors.
- Office building in Santa Clara, CA: 49,025 SF 2-story office building on 2.83 acres lot right at Hwy 101 and San Tomas in the heart of fast growing and high-income (AHI over $100K/yr) Silicon Valley. 100% leased by 4 tenants. NOI $950K/yr. $10.9M. 8.72% cap.
- Clarion Bristol Hotel in San Jose, CA: 47-unit hotel on Bascom ave. with easy access to Hwy 17. Located in heart of Silicon Valley where AHI is over $117K/yr. NOI $536K/yr. $5.76M. 9.32% cap.
- Campbell Inn in Campbell, CA: 95-room upscale & luxurious hotel on 4.23 acres of land in Silicon Valley with AHI over $110K/yr. NOI $1.105M. $10.8M. 10.24% cap.
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Thursday, April 16, 2009
Top 4 properties of 04-08-09
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