Sold
Cincinnati Businessplex
Data by Year:
- Q1$2,000
- Q2$2,000
# Q1 was prorated preferred returns based on closing.
- Q1$2000
- Q2$2000
- Q3$2000
- Q4$2000
# Q1 was prorated preferred returns based on closing.
* on $100,000 investment
| Projected Annual Return*: | $394 |
| Annual Disbursements Paid*: | $394 |
| Quarterly Dividend Amount*: | 2018 |
- Q4$394
Quarterly Dividend Amount*: 2020
* on $100,000 investment:
Projected Annual Return*: $8,000
Financial Data
Close Date: 13-Dec-2018
Exit Date: N/A
Purchase Price + Cap Ex: $4,160,000
Raise Amount: $1,900,000
Minimum Investment: $50,000
Projected Hold Period: 5 years
Actual Hold Period: N/A
Preferred Return: 8 %
Projected Avg Annual Return: 16.8 %
Actual Avg Annual Return: N/A
Projected IRR: 15 %
Actual IRR: N/A
Loan Amount: $2,800,000
Loan Rate: 5.3 %
Property Facts
Property Type: Industrial
Year Built: 1979-83, Renovated 2017
Building Size: 63,055 Sqft
Lot Size: 7 Acres
Number of Buildings: 1
Number of Tenants: 15