CHALLENGE
Ownership has been winding down their commercial portfolio. The final piece of
the puzzle was a multi-use property with office, attached small contractor spaces
and 12 mini warehouses. With retirement and travel it was time to transfer
management to a new owner
ACTION
Armed with the rent roll, detailed knowledge of the property and sales
comparables for like property Bill and Adam provided a value for the investment
property.
RESULTS
• Closed in 62 days
• Sold for 5% below asking
• Aggressive CAP RATE
"Working with Bill and Adam to divest the final asset in our commercial
portfolio was an exceptional experience. Their expertise shone through as they
navigated the complexities of my multi-use property, which included office
spaces, contractor areas, and mini warehouses. With retirement and travel
plans, I needed a team that could efficiently manage the sale and they
delivered, providing a detailed rent roll, a deep understanding of the property,
and accurate sales comparables.
The outcome was impressive: the property sold in a swift 62 days and, despite
closing at 5% below asking, achieved an aggressive CAP RATE that reflected its
true value. Bill and Adam's professionalism and market savvy made all the
difference, and I wholeheartedly endorse their services for anyone seeking to
achieve excellent results in commercial real estate."
Vicki Morris, Owner