Long Time Partners Achieve Lowest Cap Rate in History for a Rio Ranch Market
Long Time Partners Achieve Lowest Cap Rate in History for a Rio Ranch Market
Challenges
Action
Business partners for decades were ready to go their separate ways and dispose of an essential needs commercial real estate asset so their heirs wouldn’t have to.
An extensive campaign was created to ensure the largest Buyer pool in the United States was reached, especially those looking for essential needs tenant based properties.
Challenges
Action
Business partners for decades were ready to go their separate ways and dispose of an essential needs commercial real estate asset so their heirs wouldn’t have to.
An extensive campaign was created to ensure the largest Buyer pool in the United States was reached, especially those looking for essential needs tenant based properties.
RESULT
After an extensive marketing period, Marc achieved the following results:
- Multiple offers were received giving the Seller’s an opportunity to have the Buyers compete on price and terms.
- Successfully negotiated a lease extension to the primary term
- Helped the Buyer find the best loan terms possible
- Lowest Cap Rate (6.03%) in history for a Rio Ranch Market
"Marc did a phenomenal job in marketing the property and finding a Buyer who will perform. If he didn’t know the answer to a question, he knew where to find the answer and relayed it to us. Thanks so much for your hard work and effort."
- M&M Highland Partners LLC
RESULT
After an extensive marketing period, Marc achieved the following results:
- Multiple offers were received giving the Seller’s an opportunity to have the Buyers compete on price and terms.
- Successfully negotiated a lease extension to the primary term
- Helped the Buyer find the best loan terms possible
- Lowest Cap Rate (6.03%) in history for a Rio Ranch Market
"Marc did a phenomenal job in marketing the property and finding a Buyer who will perform. If he didn’t know the answer to a question, he knew where to find the answer and relayed it to us. Thanks so much for your hard work and effort."
- M&M Highland Partners LLC
