JUST CLOSED!!! 15 UNITS IN TRACY, CA for $3,000,000
JUST CLOSED!!! 15 UNITS IN TRACY, CA for $3,000,000

JUST CLOSED!!! 15 UNITS IN TRACY, CA for $3,000,000

Highlights

  • Represented Seller and Buyer
  • Generated Multiple Offers
  • Bay Area Buyer
  • Buyer Removed All Contingencies at Execution of Purchase Agreement
  • Was on the Market 26 Days
  • Sold For $3,000,000?($200,000/Unit)
  • Sold $100,000 Over Asking Price
  • 4.17% Cap Rate on Current Operations
  • Great Value-Add Property

Jon Mimms of the “Mimms Group” Represented the Seller and Buyer in this Transaction.

Jon Aldrich

Commercial Real Estate | CBRE Capital Markets | Snowboarder

2 年

Tracy!!!??? WOW!

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bob stommel

Risk Manager-Vocational Expert

2 年

Congratulations! Glad you are doing well! How is your mom? Tell her to call me.

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Kent Short

Senior Associate Kern Insurance Associates. Member of PCF Insurance Services

2 年

Congrats Jon, happy holidays ??

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Danny Flores

Host of Orange County Power Players Podcast | Showcasing Top Business Leaders, Entrepreneurs, and Professionals | Elevating Success Stories to Help Build Connections and Grow Your Brand | Let’s Share Your Story!

2 年

Thats awesome, congrats!

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Tim Looney

Expert in helping building owners unlock tax savings and increase their cash flow.

2 年

Congrats, Jon! Let me know if you would like a no-cost Preliminary Cost Segregation Analysis/Estimate of the income tax savings available to your buyer.

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