Kaepa court

5100 and 5410 Kaepa Court | San Antonio, TX

174,762 Square Foot Multi-Tenant Industrial


Details

Date Purchased: June, 2004
Purchase Price: $3,950,000
Sale Price: $5,815,000
Sale Date: May, 2008
Internal Rate of Return: 14%

Completed Business Plan

  • Purchased two 100% vacant industrial buildings from lender
  • Completed cosmetic renovations to the building interiors and exteriors to enhance the Property’s appeal and marketability
  • Lease 100% of the project to three tenants
  • Sold both buildings in year four of ownership to respective users providing a 14% IRR to investors

Persius Creative