CASE STUDIES
Apartments to NNN

Sold 10 Units in Newport Beach – $4,000,000

• Partnership dissolution
• Building was under performing due to absentee management
• Substantial differed maintenance due to absentee management
• Sold at 1.5% Cap Rate

Exchanged into three Jiffy Lube locations in Georgia (Marietta, Duluth, Holly Springs) – $2,875,000

• Bought at 5.91% Cap Rate, a 394% increase in cashflow
• 100% corporate backed leases
• No owner responsibilities
• 15 years left on leases