Updated almost 2 years ago on . Most recent reply
GA Industrial Rental
Investment Info:
Industrial buy & hold investment.
Purchase price: $1,775,000
Cash invested: $700,000
14,000sf Industrial asset built in 2001. Can't beat this location!
What made you interested in investing in this type of deal?
Industrial asset, in a great market
How did you find this deal and how did you negotiate it?
Dealt with a broker that found the deal and presented to us.
How did you finance this deal?
Hard money loan for a rapid close to close in 2023. Refinancing into long term debt.
How did you add value to the deal?
Value add through bringing rents to market.
What was the outcome?
In process.
Lessons learned? Challenges?
TBD
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Avison & Young Atlanta (Subham Nandy - (678) 232-0882)
NAI Savannah (Zach Zakas - (912) 417-0009)
