$8M NNN In-N-Out + Corky’s (Yucaipa, CA): CLOSED
Our client sold a single-tenant retail building in Alhambra, CA. TFS Properties assembled a portfolio that matched the client’s investment goals consisting of a 20-Year NNN building & (19) Single Family Rentals in Houston, TX – each SFR producing an 11.5% cap rate. Our client deferred 100% of his capital gains from the investment and increased his cashflow. Special thanks to PCFG Mortgage for funding the specific-use property commercial loan & trusting us with your client!
Location: Forest Hills, MD & Houston, TX
Purchase Price: $2,263,000
Type: NNN + SFR
Cash on Cash Return: 8.86%