Property Type: Multi-family Aparment Complex (Resort Employee Housing)
Price: $11,500,000
Cap: 7%
Lease term: 23 years
Lease commencement: March 5, 2005
Lease type: NNN - no landlord responsibilities
New construction - 2005
Guarantor: Fortress Investment Group (FIG - NYSE)
Sq. footage: 114,304
Seller financing: Up to 80%. 8 year balloon - 30Yr. Amortization - 7% interest.
This is an exclusive listing and brokers are protected. Feel free to contact us to receive the executive summary.
Best regards,
Travis L. McKee
TLM Investments LLc
(248) 322-1009 office
(928) 396-1009 fax
