Welcome to LoopNet! Check out the listing below or search over 725,000 other listings.
Browse More Listings in Office For Sale, Dallas, TX or Texas
DALLAS OFFICE PORTFOLIO
1700 (5P), Dallas, TX 75201
$22,628,000
417,929 SF
$54.14
Office
Office Building
Investment
8.55%
-
Find Out More...
Last Verified 11/6/2009
Listing ID 16254830
Highlights
B Class Value Add 5 property Portfolio
Prices range from $40 to $65 per square foot
On Site Management & Maintenance can stay in place
Highly Motivated Seller, Financing Available
9% CAP Rate on Actuals
Description
This 5 property portfolio is a great representation of value add B properties located strategically in a risk adverse pattern. Respecting current market conditions, these properties can all be obtained at prices that will surely represent exceptional future values when market conditions stabilize again. As is generally discussed, forward thinking investors have a wonderful opportunity to capitalize on future values by purchasing this Boxer Portfolio now. Financing has been addressed for these properties and is available to qualified buyers. All 5 properties are managed by Boxer Property which typically includes smaller size offices for 2-5 year lease terms, this means they operate much like a multi-family deal in that no one tenant can substantially effect your rent roll negatively. For more details and pictures about individual properties please follow the links provided to individual websites for each property.
Proforma
$4,378,471
$1,934,341
$546,986
Proposed
7%
30
$1,387,355
$5,250,500
Map of Dallas, TX 75201 (Dallas County) - exact location not found
Created 5/28/2009
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.