Property Highlights
NOTES
- Property suffered from a lack of capital
- Yield Maintenance fee required assumption of life company loan
- Current debt balance required a debt|equity ratio of 61%
- Purchaser’s 1031 exchange required a short due diligence and
- loan assumption period
- Purchase and Sale Agreement required lease execution with a difficult tenant
Property Overview
Multi-Tenant Leased Industrial Building
11105 Mockingbird Drive | 11106 Q St | 5050 South 111TH St, Omaha, NE
1988 and 1995
144,452 SF
The End Result
August 21, 2018
$7,920,000
$54.82
MAJOR POINTS
- Sale closed at contract price
- Due diligence, loan assumption and closing occurred 53 days after execution of the Purchase and Sale Agreement
- Price met both Purchaser and Seller objectives
- Off market transaction
- Investors Realty represented the
