The Facts:
- Property Type: Flex Office
- Property Size: 23,277 SF
- Year Built: 1986
- Date Acquired: May, 2012
- Purchase Price: $2,120,000 ($91 PSF)
- 100% Occupied Upon Acquisition
- Rehabbed by Stos Partners in June, 2012
- Date Sold: September, 2013
- Sale Price: $3,837,259 ($165 PSF)
- Project Level IRR: 62%