News & Deals

HELVETICA ADVISORY | $2.291 MILLION ACQUISITION NNN INVESTMENT FOR INVESTOR 1031X

Posted by Chad Mestler on Aug 13, 2019 5:10:02 PM

Longhorn SteakHouse NNN Amarillo TX

AMARILLO, TX  - Helvetica Group identified a $2,291,000 single tenant NNN investment property in Amarillo, Texas for a private investor. The tenant was Longhorn Steakhouse which was on a long term, NNN, corporate guaranteed ground lease providing the investor with a stable, low risk return on their investment. The investor recently sold a multifamily property that required substantial hands-on management: he needed to quickly satisfy a 1031 exchange to defer a substantial tax liability.  Helvetica was able to search nationwide to locate a suitable replacement property and organize the due diligence and closing within a short period of time. The investor doubled his income and reduced his management time by almost 100%.  

Later, Helvetica arranged to refinance the property with a $900,000 cash out bank loan allowing the investor to purchase an additional property and diversify his holdings. 

Deal Highlights:
 
  • NNN Property
  • Stabilized Investment
  • Low Risk
  • Ground Lease
  • 1031 Exchange
  • Permanent Financing
  • Bank Finance
  • Diversification

 Want a Commercial Real Estate Deal Like This?

Let Helvetica be your partner in identifying unique commercial real estate investments.  

 

I WANT TO EARN BETTER YIELD!

 

Topics: Deals, Investing, NNN, 1031X