The Facts:
- Property Type: Industrial/Office Condominium
- Property Size: 3,470 SF
- Year Built: 2007
- Date Acquired: April, 2012
- Purchase Price: $335,000 ($93 PSF)
- 100% Occupied Upon Acquisition
- Date Sold: May, 2013
- Sale Price: $450,00 ($124 PSF)
- Project Level Unleveraged IRR: 22%