Posted on: June 23, 2016
MSR Holdings is pleased to offer a new commercial real estate investment opportunity exclusively to our valued investors – The Atrium Medical Building.
The projected return on investment on this property is 25% per annum. Over a five year investment timeline, we expect the value of the property to increase by over $1.75 Million.
About the Investment Property
The Atrium is located in downtown Kissimmee, Florida. It is a 20,667 square foot medical building located within walking distance to Osceola Regional Medical Center, a 321-bed hospital with more than 1,700 staffed employees. Osceola Regional recently underwent a significant $52 million expansion, making it one of Central Florida’s top five hospitals with an economic impact of more than $190 million.
The property is also within the new Kissimmee Medical Arts District. Utilizing Medical Economic Development Incentives, the City of Kissimmee expects to create close to 5,000 jobs over the course of the next 5 years within the District in conjunction with the massive expansions undertaken by the area’s two major hospitals.
- Building Size: 20,667 SF
- Property Type: Medical
- Property Use Type: Investment
- Cap Rate: 9.6%
- 80% leased
- Recent 2014 renovations on interior and exterior
- Opportunity for significant value increase
- Excellent location
The Atrium is a multi-tenant building with 11 tenants occupying approximately 80% of the gross leasable area. With average rents that are 20% lower than the immediate area, it provides significant upside through increasing rents to market rate over time and fully leasing the vacant suites.
Furthermore, due to its location near major hospitals and in an area which is experiencing substantial job creation, we expect significant capital appreciation over the next 3-5 years.
MSR Holdings specializes in profitable commercial real estate investment opportunities in the US. To receive more detailed information or to participate in this unique real estate investment opportunity, please contact us. Call us at 1-866-995-2929 ext.4 or via email at firstname.lastname@example.org.
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