1031 Exchange:
Local Client Just Sold Commercial Property and seeks to buy a replacement property:
· Acquisition Price: $850k-$1.0M
· Austin MSA-As far north as Georgetown, to Buda/Kyle in South.
· No Office Condos, or partial ownership scenarios
· Likes: Warehouse, Retail, (Multitenant)
· Local Credit, Class B; or Well Cared for Class C Ok.
· 7% Cap rate is the goal. Client is very hands on, and experienced owner, so not a problem if they need some light remodel/value add.
Jim Young | |
1801 Mopac, Suite 100, Austin, TX 78746 | |
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