NDS Facility

851 N. Harvard Avenue | Lindsay, CA

150,000 Square Foot Warehouse Facility


Details

Date Purchased: June, 2003
Purchase Price: $3,587,500
Sale Price: $5,300,000
Sale Date: January, 2005
Holding Period: 2 Years
Initial Investment: $1,300,000
Investor Proceeds from Sale: $1,860,398.00
Internal Rate of Return: 41%

Completed Business Plan

  • Purchased existing 150,000 square feet industrial building and adjacent vacant land
  • Executed long term lease with tenant on existing building
  • Returned some of investor equity after tenant did not exercise their option
  • Provided investor cash flow starting at 11% per annum and growing to 15% per annum over a 3 year holding period
  • Sold property after 18 months providing investors over 100% return on their remaining equity

Persius Creative