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1414 N. Vercler

1414 N. Vercler St. Spokane Valley, Washington

2 Year Hold | 18.32% IRR

Sold (inactive)

Purchased all cash, then placed conservative debt on property (tax free) to fund subsequent investment.

Project Type
Source
Size
Acquisition Price
Sale Price
Medical Office
Industry relationship, on the market
8,068 square feet
$1,192,476
$1,480,000

Purchased through a 1031 tax deferred exchange. Later placed $790,000 debt on property and distributed loan proceeds (tax free) to investors to purchase an investment property in downtown Seattle. Later sold this property, paid off loan, and performed tax deferred exchange into industrial project in Seattle.

1414 N. Vercler
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