Richard meticulously managed his twenty-two (22) unit apartment building across Alamo Square park for decades. Involved in running his own architectural firm, Richard was looking to reduce the daily management responsibilities his apartment investment demanded, as well as to diversify into a more conservative investment position without sacrificing cash flow. Ultimately, Richard accomplished his objectives by trading into three (3) net lease properties leased to tenants in different industries–auto, bank, and drugstore-while increasing his cash flow and eliminating all management responsibilities.
“Their team has systems in place that enabled us to seamlessly
execute our sale and exchange plan.”
– Richard F.
|Client Needs||Net Lease Solutions|
|Defer Capital Gains Tax||1031 Exchange|
|Eliminate Management||All three (3) properties included triple net (NNN) leases|
|Increase Cash Flow||+69.1% increase in NOI|
|Predictable & Reliable Income Stream||Corporate or investment grade credit guarantors on long term leases with fixed increases|
|Diversification||Traded a single asset for three (3) properties in different locations and across various industries.|
|Tax Benefits||Conservative leverage (12% LTV) for added depreciation and interest write-offs. One investment is located in an income tax-free state.|
|Park Money (Land Bank)|