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BearRock Investments LLC
Sawtooth Business Center
101 Empty Saddle Trail Hailey (Sun Valley), Idaho
~3 Year Hold | Targeting 25%
Active
Purchased building from owner/user (Marketron) who downsized to ~30% of building. Leased balance of building to several tenants creating one of most vibrant, sought-after office buildings in Sun Valley/Ketchum/Hailey area.
Project Type | Source | Size | Acquisition Price | Sale Price |
---|---|---|---|---|
Office | Industry relationship, on the market | 17,986 square feet | $3,050,000 | Not yet sold |
Purchased office building from owner/user who desired to sell and occupy only a portion of the building, leaving the balance of the building vacant. Purchased property substantially below replacement value on all cash basis (no debt). Have brought building to 100% vacancy with quality tenants. Will sell based on new income level or place conservative debt on the project thus returning equity to investors tax free.
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