100 S. ANAHEIM BLVD.

The Property

  • Purchased for $7,050,000 in March of 2016

  • 50,000 square foot office building

  • 50% leased at purchase

 

The Opportunity

  • Performed extensive common area renovations.

  • Brought occupancy to 100% in less than three years.

  • Stabilized to over 8.4% capitalization on costs.

The Results

  • Sold in October of 2019 for $14,200,000,

  • Generating an IRR for investors of over 20%.