Garden City Industrial Complex 02

[Jon Sidoti]

Investment Info:

Industrial buy & hold investment.

Purchase price: $4,075,000
Cash invested: $2,000,000

Acquisition of an operating asset and 2 acres of vacant land slated for development in year 1 located <2 miles from Port Wentworth (Savannah, GA).

What made you interested in investing in this type of deal?

Track record in the market.

How did you find this deal and how did you negotiate it?

Broker

How did you finance this deal?

Local Bank

How did you add value to the deal?

Broker past relations

What was the outcome?

Still operating

Lessons learned? Challenges?

Broker relationships are super valuable

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

NAI Mopper Benton