Last Minute Tax Strategies & PIE 11-12-2015

Subject: Last Minute Tax Strategies & PIE 11-12-2015

Property Information Exchange & Presentation November 12th, 2015 ~ Thursday 7:30am Registration & Networking 8:00 am to 9:00 am Program & PIE 30+ minutes for property exchange! Present your properties to a room full of industry professionals!  Or find that right property for your client.  THIS MONTHS TOPIC: "LAST MINUTE TAX STRATEGIES" Karl Locker CPA, P.C. will present tips for "Last Minute Tax Strategies" for this year.  Brought to you by: cation & Registration LOCATION & REGISTRATION Chez Zee 5406 Balcones Drive Austin, Tx  78731 MEMBERS $12 NON-MEMBERS $27 Breakfast is included with registration fee * Walk-ins will be charged $5 extra in addition to above fee   www.ctcaronline.com CTCAR is the only professional trade organization in Central Texas designed exclusively for all Commercial Real Estate Professionals. CTCAR's members represent a cross section of the commercial real estate industry, including brokers, agents, appraisers, property managers,developers, principals, consultants and other affiliated commercial real estate professionals, such as mortgage bankers, attorneys, title companies, law firms, engineering companies and environmental consultants.

 

Call for Offers -72 Unit Multifamily or Condo Site in Austin

CALL FOR OFFERS 10-28-15

72 Unit Multifamily or Condo Site: 

Downtown Austin Views

Click here to View the Flyer

Sales Price: $2.5M ($28.17/sf)

•   2.037 Acre Site
•   Zoning MF-2 & GR-MU-CO
•   Site delivered with approved site plan for 72 units
  
•   Minutes from Downtown, Airport, I-35 & East Riverside
•   New P-Terry's Burger Stand Going in Nearby
•   Buyer Agent Fee = 3%
•   Aerial Photos and Drone Video Available
•   Offers due 10-28-15 

Jim Young,

 CCIM

512.565.7509

Email

Vcard

Go to www.longbowre.com for more information about the company and current listings.

Click here if you would like to be added to our mailing list

FW: 2016 Scholarship Applications for CCIM Courses-Deadline Oct. 30th

Agents/Brokers,

If you are interested in obtaining some discounts to your CCIM Courses, please fill out the scholarship application and submit per instructions below.

 

Jim Young, CCIM

2016 Central Tx Chapter VP

Central Texas CCIM Chapter 2016 Scholarship Applications Are Now Being Accepted        Deadline to submit is October 30, 2015     CCIM Education Foundation Scholarship   Scholarship Program Guidelines The CCIM Foundation's CCIM Course Scholarship Program was created to support qualified real estate professionals in their efforts to achieve the CCIM designation. Recipient should exemplify the high caliber of professionals that comprise the CCIM Institute.   Scholarship Selection Criteria Includes the following: Each applicant should be able to demonstrate a commitment to a commercial real estate career (see application). Each applicant should be able to demonstrate active involvement as a dues paying member with a local CCIM Chapter (see application).   For those seeking advanced course scholarships (CI 103 or CI 104) this additional criterion  applies:   Recipient of this scholarship should be selected from among individuals who have already successfully completed CI 101 and CI 102 and are currently Candidate Members of the CCIM Institute and have a need for financial assistance.   Download Scholarship Application     If you have questions please contact Ginger Coleman at 512.222.1743 or admin@ccimtexas.com.     Please return applications to CCIM Central Texas via email to admin@ccimtexas.com.

Jim Young, CCIM, Broker Longbow Real Estate Group West Point '94 11701 Bee Caves Road, Ste 250 Austin, TX 78738 jim@longbowRE.com  @jimyoungCRE 512-565-7509 Connect With Me On LinkedIn

 

FW: CDXMail: Industrial, Sublease, Round Rock, TX - Flex/Office Space for Lease

4539 SF Former Dental Laboratory for Sublease Click here to view the flyer 425 Round Rock West Dr Former Dental Laboratory. Landlord willing to allow new tenant longer lease if needed and eliminate the sublease. Landlord will pay tenant reps commission for the additional term past the expiration of the sublease. Space could be combined with neighboring suite. Convenient access to I-35 and RR 620. Ample parking. Covered expenses include trash, extermination, and water and wastewater. 4% fee to tenant rep.   Location 425 Round Rock West Dr Round Rock, TX 78681 Park/Complex Name: Parkwest Corporate Center Market: Round Rock Submarket: Cross Streets: SE of S Lake Creek Dr and Round Rock W Dr   Listing Summary Available SF 4,539 SF Min Div 4,539 SF Max Contig 4,539 SF Sublease Yes Term 5/31/2017 Rate $10.00 NNN Taxes/SF Operating Expenses/SF Dock Doors 0 Drive-In Doors 0 Clear Height 0.00 FT     Property Description Building Size 13,992 SF Owner Occupied No Lot Size 1.23 Ac. Sprinkler No Office SF Tenancy Multi-Tenant Yard Yes HVAC Yes Status Existing Clear Height Rail No Amps Year Built 1997 Dock Doors 4 Column Spacing Volts Parking Ratio 3.36/1000 Drive-In Doors 1 Crane No Phase   Available Suites Unit SF Avail Min Div Max Contig Rate Available Office SF Docks Drive-Ins Clr Ht   4,539 4,539 4,539 $10.00 NNN Now   0 0   Comments:     Longbow Real Estate Group Greg Ganske  (512) 565-7509   206049

Greg Ganske Longbow Real Estate Group - Greg Ganske greg@longbowre.com

 

Buyer Needs $9-12M Single Tenant NNN Site

All,

I have a client selling a building in California that wants to replace it with:

 

·         Single tenant

·         Location:  Texas, ideally major Texas Cities/MSAs

o   Suburbs ok for strong credit tenant

·         NNN (no Landlord Responsibilities)-ideally—LL not responsible for Roof and Structure

·         Price: $9-$12M

·         Notes:

o   My client is selling a building in California. Has cash offer from Buyer, so we will have funds very soon to make this purchase. We plan to use $6M cash to leverage at 50% up to $12M.

o   We can close quickly.

·         Lease Term- Seeking sites with 10+ years remaining on term, but will consider lower term remaining for strong credit tenant.

 

 

Jim Young, CCIM, Broker

Longbow Real Estate Group

West Point ‘94

11701 Bee Caves Road, Ste 250

Austin, TX 78738

jim@longbowRE.com  @jimyoungCRE

512-565-7509

Connect With Me On LinkedIn

 

-View My Buyer Criteria Here-

 

Land for Sale Near Downtown Austin

Land for Sale Near Downtown Austin- 7.348 Acre Platted Lot

Click here to View the Flyer

Land for Sale with frontage on East Riverside, Montopolis, and Vargas.  Site is located minutes from Downtown, Austin-Bergstrom International Airport, IH 35, and Hwy 183.  East Riverside is experiencing considerable growth, and now features many new high end apartments.  The property is located one block from a new 100+ home Standard Pacific Homes neighborhood, and across the street from the new IDEA school. 

Property is zoned ERC - CMU Subdistrict.  Zoning subject to the East Riverside Corridor Plan (ERC), which was created by the city to ensure high quality developments in this highly traveled area.  

Offering Summary Highlights:

• •  Size: 7.348 Acres Platted Lot
• •  Billboard Income to offset holding costs
• •  Opportunity to pay into regional detention
  
• See flyer for additional details.

Go to www.longbowre.com for more information about the company and current listings.

Click here if you would like to be added to our mailing list

Jim Young, CCIM

512.565.7509

Email

For Lease- Industrial Space in Buda, Tx

Space available for lease at 5151 Industrial Way.  The property is located just off of I-35, close to Austin, and down the street from Historic Downtown Buda.  Click here for Map Link.

Building Highlights 

• Recent construction 

• Spacious open floor plan 

• Perfect for Retail, Showroom, Flex Industrial 

• Stained and sealed floors 

• Ample parking in front and back 

• Well lit exterior

Please visit www.longbowre.com for more information about the company and upcoming opportunities.

Hampton Friedman

504.259.7377

Email

Vcard

Austin: Mayor's Office- 200 Homeless Veterans

All,

                I am emailing you regarding the Austin Mayor’s “Help House Veterans” campaign. I’m hoping you could forward this to your multifamily agents, and associates.

 

A good friend of mine, Joseph Kopser, the CEO of Austin based RideScout (acquired by Daimler Benz), and Bailey Harrington, at Big Red Dog Engineering asked me to reach out to my colleagues that own, or know owners of residential living units or apartments: primarily efficiencies or 1 Bedroom Units in Austin.  Bailey, Joseph and I are West Point alumni, and we are trying to assist the organizations placing the 200 identified homeless Veterans into Austin housing by Veterans Day. The Mayor’s office is linking up the Veterans and Landlords through a point of contact named Bree Williams at a group called ECHO. We are trying to move quickly.

 

                I just spoke to Bree Williams, the ECHO Community Housing Liaison who is coordinating the Veterans that have either HACA/Section 8 vouchers, or vouchers from CARITAS. If you think any of your clients would be open to leasing vacant units to Veterans with vouchers, please contact her directly.

Early on, one of the potential landlords noted that vouchers would cover rent, but not unit damage, so a separate fund was raised to cover Security Deposits.

 

I’d like to link Bree Williams up with someone at your group, to see if any Austin units could be filled. Please let me know if you think you can assist with this.

 

Bree Williams, ECHO Community Housing Liaison, at (512) 940-9690 or breewilliams@austinecho.org. 

Bree can answer any questions about this initiative—so you don’t have to send me your client list….

I’m sending this out in a mass email later, but thought of you first in my MF brokerage world.

 

 

Jim Young, CCIM, Broker

Longbow Real Estate Group

West Point ‘94

11701 Bee Caves Road, Ste 250

Austin, TX 78738

jim@longbowRE.com  @jimyoungCRE

512-565-7509

Connect With Me On LinkedIn

 

-View My Buyer Criteria Here-

Single Tenant Emergency Center for Sale-Austin, Tx

Single Tenant Emergency Center-Austin, Tx

Sale Price: $5,000,000

​

The subject property is a single tenant, absolute net lease, investment opportunity leased to Neighbors Health System Inc, dba Neighbors ER. This location is one of 27 emergency rooms operated by Neighbors Health Systems Inc. Accessibility, visibility, and strong market fundamentals make this location ideal for the current use, or any future user.

Click here to view the flyer

Please visit www.longbowre.com for more information about the company and upcoming opportunities.

Click here if you would like to be added to our mailing list

Jim Young, CCIM

512.565.7509

Email

Nick Nelson, CCIM

512.906.6757

Email

For Sale: Development Opportunity near Downtown Austin

Land for Sale with frontage on East Riverside, Montopolis, and Vargas.  Site is located minutes from Downtown, Austin-Bergstrom International Airport, IH 35, and Hwy 183.  East Riverside is experiencing considerable growth, and now features many new luxury apartments.  Property is zoned ERC - CMU Subdistrict.  Zoning subject to the East Riverside Corridor Plan (ERC), which was created by the city to ensure high quality developments in this highly traveled area.   Offering Summary Highlights:   Land: 7.348 Acres Platted Lot   Billboard Income to offset holding costs   Opportunity to pay into regional detention - save money on site costs and increase usable land, And much more....See flyer for additional details... Click here to view the flyer, which contains feasibility reports from BIG RED DOG Engineering. 6400 E Riverside Dr Platted lot minutes from Downtown, Airport, Hwy 183 & I-35. New IDEA school across the street. 100+ new Standard Pacific Homes Neighborhood one block away. Billboard income on short term lease-$12,600/yr. RSMP available-Buyer saves by not providing water detention. Water/wastewater at site. Up to 80% Impervious Cover. Location 6400 E Riverside Dr Austin, TX 78741 Park/Complex Name: Market: Southeast Austin Submarket: Cross Streets: NE of E Riverside Dr and Montopolis Dr   Listing Summary Price Negotiable Price/Ac. Price/SF Sale Type Inv. or Owner/User   Property Description Lot Size Ac. 7.35 Ac. Frontage Gas No Lot Size SF 320,079 SF Depth Electricity Yes Divisible Yes Zoning GR-MU-NP Water Yes Sewer Yes Rail No Available Lots Lot # Parcel Sz. (Ac.) Max Contig (Ac.) Min Div (Ac.) Price Price/Ac. Price/SF Longbow Real Estate Group Jim Young, CCIM (512) 565-7509 951890

Jim Young, CCIM, Broker Longbow Real Estate Group  512-565-7509 jim@longbowre.com  Connect On LinkedIn      Click here to join my mailing list

North Austin Office Development Opportunity

North Austin Development Opportunity
8.51 Acres - $2.02/SF

Property and Location Highlights

• 8.51 Acres for Sale near the intersection of Hwy 290 and Hwy 183

• The site is located 10 minutes from Downtown Austin

• Close proximity to the ACC Highland Campus and Walnut Creek Business Park

• It is our understanding 5 acres are usable due to floodplain and creek buffers, but, buyer should rely on their due diligence team and trusted advisors.

• According to the City of Austin, the Zoning is GR-CO-NP.  Future Land Use is Office.

• According to ESRI forecasting models, expected housing demand within 1 mile of the site is 501 units by 2020.

Flyer Link

Recommended Documents in the Document Vault 

• Site Assessment prepared by Bury + Partners

• Survey

• CIty of Austin Water & WW Service Availability Letter

• ESRI Demographic Profile

Nick Nelson, CCIM 512.906.6757   Email   Vcard   Jim Young, CCIM 512.565.7509 Email Vcard

For Sale- Multifamily Site in East Austin

For Sale- Multifamily Site in East Austin

Click here to View the Flyer

Sale Price: $3,803,304 ($12/SF)

Size: 7.276 Acres

Zoning: SF-6-NP, GO-MU-NP, LR-MU-NP, LR-NP

• Located 1/4 mile from Hwy 183
• 15 Minute Drive from Downtown Austin
• Water Quality and Detention Basin constructed on site
• By 2020 there will be demand for an additional 969 housing units within 5 minute drive time
• Co-Broker Fee 2%

 

Clifford May
512.458.3210
Email
Vcard


Nick Nelson
512.906.6757
Email
Vcard

Development Land Sale off I-35 in Buda

SW Corner of I-35 & Goforth Road, Buda, TX 78610

Click here to Download Flyer

Price: $1,119,500  ($12.85/SF)
Buyer's Agent Fee:  3%

• Perfect Flex Industrial / Office-Warehouse
• Rapidly Expanding Area
• City Leadership is Pro-Development
• Perfectly situated between Austin & San Marcos
• Retail Fit: National Retailers / Restaurants
• Must pass site to access Cabela's from I-35 South

  15 minute drive time from the site (source: ESRI)

• 2015 Population: 108,723
• Population Annual Growth Rate: 4%
• 2015 Housing Units: 41,165
• Avg Household Annual Income: $86,805

Please visit www.longbowre.com for more information about the company and upcoming opportunities.

 
Click here if you would like to be added to our mailing list

Hampton Friedman 504.259.7377 Email  Vcard Nick Nelson, CCIM 512.906.6757 Email Vcard

For Sale- Class B Mid Rise Office Building in San Antonio

Address: 10010 San Pedro, San Antonio, TX, 78216

Click here to view Flyer

  

•  Price: $19,200,000 ($119.32/sf)

• Proforma NOI: $1,364,632 (cap rate 7.11%)

• Existing Annualized NOI: $1,350,000 (7.03% Cap Rate)

• Current Average Gross Rents are approximately 17% below market

• 8 stories

• 160,908sf

• 85% occupied (24,401sf vacant)

• Parking Ratio: 3/1000

Jim Young, CCIM

512.565.7509

Email

Vcard