OrbVest

Latest Investment
Opportunity

in a top growing MSA in the US

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A great opportunity to acquire a core Medical Office asset in a top growing MSA in the US

 

Lakeside Professional Center
MEDICAL 42 | GEORGIA, USA

Why we really liked this 23,555 SF building, situated in Duluth on the North-eastern growth corridor of Atlanta, is that it is 100% leased by medical tenants, especially dentists.

Particularly attractive is the fact that all leases are “Triple Nett” which means that all expenses are passed through to the tenants. This means that dividend income is significantly more predictable in the current environment of uncertainty. The Net Rental income comfortably supports a 7% COC and 11% IRR.

The existing stable income stream secures the CORE nature of this property and underpins our first principle of capital preservation, while the synergistic relationships between the tenants and the excellent location make this an exciting investment opportunity.

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Key Facts & Figures

 
Real Estate Investment Location

Location

The Lakewood Professional Center building is located approximately 22 miles Northeast of Downtown Atlanta, Georgia as well as approximately 4 miles East of Northside Hospital Duluth.

Real Estate Investment Medical Building

Medical Office Building

The property has a total of 23,555 square feet and is currently 100% leased by all medical tenants.

Real Estate Investment Returns

Returns

Forecast quarterly dividend between 7% to 8% annualized with a targeted IRR range of 11% to 12% (before Tax).

Real Estate Investment Purchase

Purchase

The total acquisition cost is $8,330,497 million of which $680,497 thousand is a provision for transaction costs.

Real Estate Investment Funding

Funding

The $3.36 million equity includes a contribution investment from the sponsor OrbVest.

Real Estate Investment Holding Period

Holding Period

The investment period is planned for 5 years although this period can be shortened or lengthened by the Manager depending on performance and market conditions.

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OPEN INVESTMENT OPPORTUNITY

 
 

MEDICAL 42 - LAKESIDE PROFESSIONAL CENTER

Premiere Parkway, Duluth (Atlanta), GA, USA

11%-12%

IRR

59,69%

LTV

5 YR

Term

7%-8%

Ave. Cash on Cash

0

Rating

 

Medical Offices

23,555sf

Building Size

This well-maintained Class A medical office property is located in the North-eastern part of the rapidly growing Atlanta MSA. The property is 100% occupied by all medical tenants.

 

Want more information?

Contact us and we'll send you the brochure with more information.

OrbVest