1017-1021 N. Olive Avenue, West Palm Beach, FL 33401
Commercial real estate
Acquisition Price – $1.625M in 2017
Exit Price – $2.1M in 2021
Annual cash dividends – 15%
Return on exit: 23.2%
The Company purchased the building in 2017 and found a Tenant to lease the building under an NNN lease. The Company only had to make minimal improvements and ultimately exited the asset in 2021.
