Best 10 Properties Among 311 on 06/26/09

1. Shopping Center in Hemet, CA: 12,560 SF newly constructed shopping center on .82 acre lot at hard corner location. 50% leased. $1.950M. 10% potential Cap.
2. Apartments in Humble, TX: well maintained 162-units apartments consisting of 14 2-story buildings on 6.50 acres of land with individual patios/balconies & minutes from Deerbrook Mall. 95% occupied. NOI $530K/yr. $7.350M. 7.22% Cap.
3. Strip Center in Northbrook, IL: 16,250 SF attractive strip center on 1.12 acres of lot with excellent visibility to major road near Tollway-294. High income (AHI over $115K/yr) area. 80% leased by 11 long term tenants: Cleaners, Chiropractor, Pizza, Chinese Restaurant, Podiatrist, Nail Salon, Liquor Store, Cell Phone Store & Beauty Salon. NOI $213K/yr. $2.6M. 8.20% Cap.
4. Self Storage in Sacramento, CA: 61,530 SF storage facility built in 2006 conveniently located off close to I-5. $6.150M.
5. Comfort Inn & Suites in Atlanta, GA: recently renovated 187-room well located motel on 2.59 acres of land minutes from world’s busiest airport. $8M. 9% Cap.
6. Office Building in Lubbock, TX: 16,641 SF well maintained fully occupied professional office building in Southwest Lubbock. NOI $180K/yr. $2.065M. 8.75% Cap.
7. Church Chicken Restaurant in Pinellas Park, FL: 1425 SF restaurant in Tampa metro on .39 acre lot & remodeled in 2005. 100% NNN corp lease. NOI $ 56K/yr. $700K. 8% Cap. Excellent for 1st time investor.
8. Apartments in San Jose, CA: 16-units apartments on .41 acre lot in high income (AHI over $100K/yr) behind City College & 1 block from Santa Clara medical center. New windows throughout the building. NOI $93K/yr. $2.080M. 4.51% Cap.
9. Retail Building in Covington, LA: 15,590 SF retail building on 1 acre lot strategically located along Hwy-190 surrounded by national tenants. 10-yrs NNN leased by A-1 Appliance & Electronics. $2.626M. 9.50% Cap.
10. Apartments in Burbank, CA: nice-looking 8-units apartments completely renovated in well-off (AHI $82K/yr.) Los Angeles growing area. NOI $101K/yr. $1.895M. 5.32% Cap.
    
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