44 Aspen Drive

By on April 25, 2019. Posted in .

BIG | NAI sold! $5,120,000. The property is well – located at 44 Aspen Drive in Dallas, GA , hard corner outparcel of Wal Mart Super Center with fabulous demographics of $100k plus average household income within 1 & 3 mile radius.  Apartment owner wanted to decrease their management and increase their cash flow. We were able to exchange them out of their multifamily asset and into an internet proof Absolute Single Tenant – NNN Mister Car Wash ( The largest #1 car  wash company in the nation). Through our established network,  we were in contract within a week of closing the downleg. With their new investment there is no maintenance, no tax, no insurance – just a rental payment wired every month to their bank account. The owner’s NOI increased over 49%!!!!  and the owner achieved a 6.25% cap rate for 20 years with increases EVERY year – Whooo Hooo!!!… Contact us for further details.