tailieunhanh - Commercial Real Estate Investment Memorandum

This is an industry that is still evolving, developing, and growing. It has gone from commercial banking to syndicated transactions and equities, and more recently, into debt issuance and structured products. Its sophistication and product offerings have developed along with this change. At an earlier stage, industry growth was in part a reflection of economic growth in the Islamic world, fuelled primarily by oil wealth. This created a growing middle-wealth segment and hence made banking a necessary service to the larger segment of the population. In the past several years, increased awareness about Islamic banking. | Commercial Real Estate Investment Memorandum Prescott Presbyterian Church Property 137 N Marina Street Prescott AZ Yavapai County Assessor Parcel Numbers 113-16-070 and 113-16-072 This proposal is intended solely for informational purposes to assist in determining if one wishes to proceed with a further due diligence investigation of this project. Information contained herein has been obtained from sources believed to be reliable but no representations guarantees or warranties with respect to this information are being made. Risks are involved in a real estate purchase. It is the investor s responsibility to independently verify any data relied upon for an investment using qualified legal financial and operations advisors. Projections opinions assumptions or estimates used in this memorandum are illustrative examples only. Prior to investing in real estate investors should also carefully consider possible tax consequences and legal requirements. 3 Courtesy to Brokers Executive Summary Commercial Property in Prescott AZ Building Land Estimated Potential Off-Street Parking List Price Current NOI Current Property Taxes 3 632 ft2 Value in land acres 75-80 spaces Build over parking 1 390 000 6 000 0 ft2 for land APS Parking lease Non-Profit Owner Summary of Investment Potential This development opportunity is quite rare - three adjacent city lots acre zoned Business Business General BG and only two blocks from Prescott s downtown courthouse square. Prescott Area Association of Realtors MLS computer records go back approximately ten years. Those computer records show only two listings with these criteria and only one of those sold. The highest and best use of this property would most likely require fully re-developing it something on the order of a buildout of 18 000 - 20 000 ft2 perhaps over a parking garage. Assuming a use that fully develops this site one summary of the data in this investment memorandum might be Maximum market rates in this area .