
Recent Transactions
TGC PAVLIK LLC
Orlando, Florida
Acquired June, 2021
Subject Property
The Pavlik Professional Center is a well located, highly desirable Medical Office Building (MOB) located on South Orange Avenue in Orlando and built in 2012.
The MOB represents cash flow upon acquisition with appreciation potential as a result of its superb location, adjacent to a large and growing medical campus in Orlando, Florida.
Property has been well maintained and is in turn-key condition, with three long-term tenants with minimal turnover.
Time Horizon
The holding period will be approximately 7-10 years, at which time disposition is expected.
Columbus, OH: Somerset Place
FULLY SUBSCRIBED - OPPORTUNITY CLOSED
The Bradford School, to be known as Somerset Place, represents an extremely unique opportunity to acquire and invest in a significant value-add property in one of the country’s most exciting markets, Columbus, OH.
- Projected net-to-investor IRR for 18 month year hold: 34%
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Opportunity for quick sale
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Option to finance and return 80-100% of equity to investors, while maintaning same ownership percentage
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Preferred Return: 8%
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Delivered as a totally vacant building
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32 Units will be renovated and upgraded to appropriate market standards
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16 units have already been upgraded and leases and move-ins have begun
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Commercial spaces will be configured with long-term leases to attract stable tenants
Total Project Cost: Approx $3,400,000 inclusive of:
- $2,655,000 Acquisition price
- More than $600,000 Capital Improvements to be made which include:
- Contemporary renovations of most units
- Exterior Improvements for enhanced curb appeal: tree islands, green space, portico
- Kitchen and Bath Upgrades as needed