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SVN Live 07.12.21 Weekly Property Broadcast

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SVN Live 07.12.21 Weekly Property Broadcast

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The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.

The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.

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SVN Live 07.12.21 Weekly Property Broadcast

  1. 1. WEEKLY PROPERTY BROADCAST July 12, 2021
  2. 2. www.svn.com PAGE | WELCOME NEW SVN ADVISORS Advisor SVN Franchise & Location Abigale McCormick SVN | Toomey Property Advisors, Mobile, Alabama Steve Lin SVN | Vanguard, Santa Ana, California Jake Rizzo SVN | Commercial Partners, Boca Raton, Florida Luke Christian SVN | Bell Commercial, Atlanta, Georgia Courtney Smith SVN | Creviston Realty, Inc, Roswell, Georgia Karen Cunningham SVN | GO Commercial, Kailua-Kona, Hawaii Jeff Piser SVN | Chicago Commercial, Rosemont, Illinois Ronald Caughron SVN | Menish Commercial Real Estate, Louisville, Kentucky
  3. 3. www.svn.com PAGE | WELCOME NEW SVN ADVISORS Advisor SVN Franchise & Location Alexander McGillivary SVN | The Masiello Group, Rockland, Maine Denise Bernard SVN | The Masiello Group, Bedford, New Hampshire Michael Ciccone Jr SVN | Imperial Realty, Allentown, Pennsylvania Karen Neidere SVN | Latus, Camp Hill, Pennsylvania Scott Howell SVN | Retter & Company, Kennewick, Washington
  4. 4. ECONOMIC UPDATES
  5. 5. www.svn.com PAGE | OFFICE DEMAND ● Demand for office space hit a modest lull in May, with the VTS Office Demand Index (VODI) declining for the first time in five months. Office demand remains 25% below its 2018-2019 average benchmark. Still, office demand has improved considerably from its post-shutdown lows when VODI dropped a vertical 85% below its pre-pandemic benchmark. ● More than half of all markets are within at least 25% of their pre-pandemic averages through May. Chicago leads all cities in its path back to pre- pandemic office demand levels, sitting just 14% below its 2018-2019 average. ● Chicago and Los Angeles were the only two metros that did not see a decline in demand during May, with the Chicago VODI climbing by 5% month-over-month, while the LA VODI remained flat. ECONOMIC UPDATES PROVIDED BY
  6. 6. CLOSED DEALS
  7. 7. Sale Price Size Transaction Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. GOLF & RESORT | N2235 SHORE DRIVE | MARINETTE, WI • Beautifully maintained 18-hole golf course overlooking the shores of Lake Michigan • Premier wedding and event center with indoor and outdoor facilities • Voted Best Golf Course, Best Wedding & Banquet Facility and Best Fish Fry in the area • Well-known for offering all the comforts of a private golf club with the convenience of public facilities • Full price offer! Undisclosed 121.29 acres SVN | Northco FRANK JERMUSEK frank.jermusek@svn.com 952.820.1615 CAMERON PETERSON cameron.peterson@svn.com 952.820.1688 EDWARD RUPP edward.rupp@svn.com 952.820.1634 EMILIA MOLLE emilia.molle@svn.com 952.820.1618
  8. 8. Lease Value $ Lease Terms Size Transaction Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. INDUSTRIAL | 4114 N KNOX AVENUE | CHICAGO, IL SVN | Chicago Commercial LESLIE KARR leslie.karr@svn.com 312.529.5792 LORILE HERLIHY lherlihy@svn.com 312.529.5794 • This was a 6-year lease • 19,600 SF of freshly updated warehouse space • Tenant (our client) is a home staging, moving and organizing company that outgrew the location we put her in just last summer 1,001,597 6 years 19,600 SF
  9. 9. Sale Price $ No. of Units Price /Unit $ Transaction Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. MULTIFAMILY | 6217 S DORCHESTER AVENUE | CHICAGO, IL SVN | Chicago Commercial JEFF BAASCH jeffrey.baasch@svn.com 312.676.1873 • Multiple offers • Achieved 121% of asking price • Value add multifamily 24-unit 2,116,000 24 units 88,167
  10. 10. Sale Price $ Size Price /Acre $ Transaction Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. LAND | 1100 OLD BREWSTER ROAD | FORT MEADE, FL SVN | Saunders Ralston Dantzler TRENT SAUNDERS trent.saunders@svn.com 863.640.0390 KEAT WALDRON keat.waldron@svn.com 863.225.1231 • 98 ± AC • 43 ± AC private lake • 45 ± AC improved pasture • Home, guest house/garage, boat shed, shop • Trophy bass fishing • Bill Dance & Roland Martin filmed highlighting sensational fishing • Adjacent to conservation lands • Deer & turkey hunting • Hundreds of bird species, including bald eagle and osprey 1,200,000 98 acres 12,245
  11. 11. Sale Price $ Size Price /Acre $ Transaction Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. LAND | 8161 SR 33 | LAKELAND, FL SVN | Saunders Ralston Dantzler GARY RALSTON, CCIM, SIOR, CRE, CPM, CRRP, FRICS gary.ralston@svn.com 863.877.2828 DAVID HUNGERFORD david.hungerford@svn.com 863.272.7156 • 15.50 ± upland acres • Located in North Lakeland • Proximity to I-4 • Close to Gatorade/PepsiCo and Best Buy distribution centers 2,000,000 19.55 acres 102,302
  12. 12. Sale Price $ Size Price /SF $ Cap Transaction Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. RETAIL | 4601 E. MOODY BLVD | BUNNELL, FL SVN | Saunders Ralston Dantzler AUGIE SCHMIDT augie@svn.com 863.774.7133 SVN | Alliance Commercial Real Estate Advisors RANDY HELLE randy.helle@svn.com 386.235.7105 • 11-building business park located on the east coast of Florida • 92.5% occupied by 52 tenants as of 1/1/21 • Approximately 2.5 miles west of I-95 • More than 650’ of frontage 6,475,000 68,392 SF 95 8%
  13. 13. Sale Price $ Size Price /SF $ Transaction Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. RETAIL | 10608 DIXIE HIGHWAY | LOUISVILLE, KY SVN | Menish Commercial Real Estate JONATHAN LAISE jonathan.laise@svn.com 502.475.9635 • Bundled real estate, business, liquor licenses, inventory, and other assets • Represented Northern Kentucky buyer in the acquisition of their eleventh liquor business • Located on Dixie Highway, 30,000 VPD 1,200,000 2,178 SF 551
  14. 14. Sale Price $ Size Price /SF $ Transaction Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. LAND | 1645 E EVANS AVENUE | DENVER, CO SVN | Denver Commercial RYAN BENGFORD ryan. bengford@svn.com 720.773.8712 • Former gas station • Colorado superfund site | state responsible for tank removal & remediation • Located across from Chipotle’s first location | 3 blocks from Denver University • Record breaking pricing for land • Site to be developed Into 3 story mixed use 1,350,000 6,250 SF 216
  15. 15. Sale Price $ Size Price /SF $ Cap Transaction Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. RETAIL | 8586 E ARAPAHOE ROAD | CENTENNIAL, CO SVN | Denver Commercial KEVIN MATTHEWS kevin.matthews@svn.com 303.974.5893 TROY MEYER troy.meyers@svn.com 303.974.5737 • Sold at full list price • Under contract with multiple offers in the first week on the market • Had 3 backup offers come in with 2 over list price • Premier hard corner South Metro Denver location in the heart of the I-25 corridor • Sold for repeat client that is dissolving a family partnership 3,300,000 6,210 SF 531 6.2%
  16. 16. Sale Price $ Size Price /SF $ Cap Transaction Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. MULTIFAMILY | 9700 ILLIFF AVENUE | DENVER, CO SVN | Denver Commercial BILL REILLY bill.reilly@svn.com 970.488.3193 • Great South Denver Location • Fractured ownership combined with HOA involvement provided its own challenges • Low vacancy rates with government-assisted rents (Section 8) • 1970s build with tilt-up concrete buildings 4,923,136 26,391 SF 187 7%
  17. 17. Lease Value $ Lease Terms Size Transaction Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. OFFICE | 388 SOUTH MAIN STREET | AKRON, OH SVN | Summit Commercial Real Estate Group, LLC NICHOLE BOOKER, Ph.D nichole.booker@svn.com 330.475.5500 • Class A office downtown Akron • 6,972 square feet • 10-year term • Tenant rep • Client also contracted with SVN Summit to sell their flex building (watch for a "call for offers" coming to SVN | Live in two weeks) 1,359,000 6,972 SF 10 years
  18. 18. Sale Price $ Size Price /Room $ Cap Property Highlights Property Details © 2020 SVN International Corp. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. HOSPITALITY | 1739 WASHINGTON STREET | HOLLYWOOD, FL SVN | Commercial Partners STEVEN PAULSEN steven.paulsen@svn.com 561.929.4098 JOHN ANDREWS john.andrews@svn.com 561.613.1403 AUSTIN LITTLEPAGE austin.littlepage@svn.com 410.971.3207 • Cash sale, 10 total offers • Closed at $127,083 per room/unit • Covered land play - aggressive new zoning 140 feet • Weekly/nightly rental transition to annual tenancy • Unit mix (3) efficiency, (8) studio, (1) 2/1 1,525,000 12 rooms 127,083 7.19%
  19. 19. Sale Price $ Size Price /SF $ Transaction Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. INDUSTRIAL | 1805-1807 CARGO COURT | LOUISVILLE, KY SVN | Stone Commercial Real Estate JOHN BUNCH john.bunch@svn.com 859.306.0602 • Client worked with SVN | Stone Commercial to sell a labor intensive multi- family asset which initiated a 1031 Tax Deferred Exchange • Identified a multi-tenant risk diversified NNN industrial property • This is the 5th transaction with this client YTD • The transaction was co-brokered with another local agency 1,625,000 20,423 SF 80
  20. 20. Sale Price $ Size Price /SF $ Transaction Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. INDUSTRIAL | 1666-84 S WOLF ROAD | WHEELING, IL SVN | Chicago Commercial (Rosemont) JOHN JOYCE, CCIM john.joyce@svn.com 847.233.1178 DANNY VANECKO daniel.vanecko@svn.com 847.464.8470 • High image building on Wolf Road with close proximity to the Palatine Expressway and I-294 • Premier North Cook location with access to strong labor pool • 100% leased investment sale with partial lease-back 1,960,000 34,190 SF 57
  21. 21. Sale Price $ Size Price /SF $ Transaction Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. INDUSTRIAL | 825, 835 & 875 TOUHY AVE | ELK GROVE VILLAGE, IL SVN | Chicago Commercial (Rosemont) JOHN T. JOYCE, CCIM john.joyce@svn. com 847.233.1178 FATINA SAYEGH fatina.sayegh@s vn.com 312.676.1864 DANNY VANECKO daniel.vanecko @svn.com 847.464.8470 • 3 fully leased free-standing buildings totaling 40,000 SF with strong rental income • Well established industrial park in premier O'Hare market location • Direct access to major transportation routes via Rt. 83, I-90 2,290,000 40,000 SF 57
  22. 22. Sale Price $ No. of Units Price /Unit $ Transaction Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. MULTIFAMILY | 1423-1427A JACKSON STREET | SAN FRANCISCO, CA SVN | Pacific Commercial Advisors KEVIN CHIN, CCIM kevinc@svn.com 415.922.2900 • Prime Nob Hill location • 3 units vacant • Contractor special • Multiple offers/all cash buyer • Sold over asking 2,265,000 4 units 566,250
  23. 23. Sale Price $ Size Price /Acre $ Transaction Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. SFR PORTFOLIO | GONZAGA RENTAL PORTFOLIO | SPOKANE, WA SVN | Cornerstone GUY BYRD guy.byrd@svn.com 509.953.5109 • Broker fee: 6% • Sale Terms: All cash/no financing • Student housing portfolio, 5 houses, contiguous-one block from Gonzaga University and 15 minute walk rom Riverpoint Campus • Stable rental market with virtually no vacancy • Investor can operate as-is, or redevelop to multi-unit student housing 2,490,000 .57 acres 1,419,300
  24. 24. Sale Price $ Size Price /SF $ Cap Transaction Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. OFFICE | 330 SOQUEL AVENUE | SANTA CRUZ, CA SVN | Capital West Partners ROBIN SANTIAGO, CCIM robin.santiago@svn.com 408.803.5003 • Single-tenant net leased office building • Leased to First American Title Company since 1997 • Walking distance to the Santa Cruz beach boardwalk • Repeat client closed in 30 days in an all-cash transaction 2,500,000 7,000 SF 357 5.4%
  25. 25. Sale Price $ Size Price /Acre $ Transaction Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. GOLF & RESORT | 24621 S CLARK LAKE ROAD | NISSWA, MN SVN | Northco FRANK JERMUSEK frank.jermusek@svn.com 952.820.1615 CAMERON PETERSON cameron.peterson@svn.com 952.820.1688 EDWARD RUPP edward.rupp@svn.com 952.820.1634 EMILIA MOLLE emilia.molle@svn.com 952.820.1618 • The historic Minnewawa Lodge dates back to 1898 • The property was most recently utilized as the Minnesota Hockey Camps • Located in one of the most popular resort destinations in the Midwest, the Brainerd Lakes Area • A resort development with an event center, cabins, glamping, and tiny homes is planned 2,500,000 12.83 acres 194,856
  26. 26. Sale Price $ Size Price /Acre $ Cap Transaction Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. SINGLE TENANT INVESTMENT | 6970 EASTCHASE LOOP | MONTGOMERY, AL SVN | JJMottram JOHN MOTTRAM john.mottram@svn.com 334.356.1771 • Under contract within 1 week of being on SVN | Live • Represented seller on purchase of property, lease to Whataburger and again on sale of asset 3,640,000 1.3 acres 2,800,000 4.12%
  27. 27. Sale Price $ Size Price /SF $ Transaction Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. OFFICE | 11701 BORMAN DR | ST. LOUIS, MO SVN | Infinity MARK ZVIBLEMAN mark.zvibleman @svn.com 314.503.3344 ALEX ZVIBLEMAN alex.zvibleman@ svn.com 314.878.0303 • Upside down building with 75% vacancy and a negative cash flow of +/- $550,000/year • SVN | Infinity delivered on its strategic marketing plan and approach • A good deal story means more qualified investors • Numerous offers on the table • Under contract in less than 90 days on market • Asset closed for $4,250,000 on June 17, 2021 • Exceeded way above and beyond our client’s expectations 4,250,000 81,000 SF 52.46
  28. 28. www.svn.com PAGE | FEATURED INVENTORY: ± $14,983,228 BUY-SIDE COMMISSION: ± $387,450 FEATURED INVENTORY FINANCIAL SUMMARY
  29. 29. Price $ Buy Side Fee $ Size Price / Acre $ Property Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. LAND | 875 E 78TH AVENUE | DENVER, CO SVN | Denver Commercial RYAN BENGFORD ryan. bengford@svn.com 720.773.8712 1,400,000 5 acres 280,000 3% • Shovel-ready development opportunity In Denver • Approved for 24 condominiums | 3 bedroom, 2 bathroom units • Architecture, mechanical, engineering reports on hand • Average sales price per completed condo-$330,000 • Located 15 minutes north of downtown Denver • Perfect for investor/developer
  30. 30. Price $ Buy Side Fee $ Size Price/Acre $ Property Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. LAND | SANTA FE DR | CHOWCHILLA, CA SVN | Ellwanger Team DON ELLWANGER ellwangd@svn.com 926.798.6545 • Pistachio orchard planted in 1990 • Pistachios sold to Paramount • 1 irrigation well (65 HP) • Fan jet and drip irrigation system 1,626,800 4% 24,500 66.4 acres
  31. 31. Price $ Buy Side Fee $ Size Price /SF $ Cap Property Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. SINGLE TENANT INVESTMENT | 500 MCCARTY LANE| JACKSON, OH SVN | Rich Investment Real Estate Partners JOSH SNYDER 01940165 josh.snyder@svn.com 925.876.0884 SVN | Investek Realty LLC DOUG WRIGHT, CCIM doug.wright@svn.com 419.873.1236 • Recent five-year lease extension providing six-plus years of term • 2% annual rent increases • Three five year options added to lease 1,741,428 2% 300 5,800 SF 7%
  32. 32. Price $ Buy Side Fee $ No. of Units Price /Unit $ Property Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. MULTIFAMILY | 7648 S PHILLIPS AVE| CHICAGO, IL SVN | Chicago Commercial JEFF BAASCH jeffrey.baasch@svn.com 312.676.1873 • Prime location • (6) Studio, (13) 1-bedroom, (12) 2-bedroom units • Well-managed and maintained • 100% occupied 2,100,000 52,500 67,742 31
  33. 33. Price $ Buy Side Fee $ Size Price /SF $ Cap Property Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. RETAIL | 9320 IRVING PARK ROAD | SCHILLER PARK, IL SVN | Chicago Commercial WAYNE CAPLAN wayne.caplan@svn.com 312.529.5791 3,075,000 4,175 SF 737 1.5% • Absolute NNN Chase ground lease with over 10 years left • Zero landlord responsibility • Shadow anchored by Aldi • High traffic location, minutes to O'Hare International Airport • Yr 1 CAP rate of 4.9% / Average CAP rate over 5.5% over remaining lease term • Price/SF/Land: $146 4.9%
  34. 34. Price $ Buy Side Fee $ No. of Units Price /Unit $ Cap Property Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. MULTIFAMILY | 8430 NW 40TH STREET | CORAL SPRINGS, FL SVN | Commercial Partners STEVEN PAULSEN steven.paulsen@svn.com 561.929.4098 JOHN ANDREWS john.andrews@svn.com 561.613.1403 AUSTIN LITTLEPAGE austin.littlepage@svn.com 410.971.3207 • Value add opportunity through rent raise and continued renovations • 40 year inspection completed in 2015 • New spanish tile roof in 2015 • New hurricane impact windows in 2018 • Swimming pool • Unit mix (8) two bedroom, one bath (6) one bedroom, one bath 2,400,000 2% 171,429 14 6.23%
  35. 35. Price $ Buy Side Fee $ Properties Cap Rate Property Highlights Property Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. SFR PORTFOLIO | 24 HOME SFR PORTFOLIO | DETROIT, MI SVN | SFRhub Advisors JEFF CLINE jeffrey.cline@svn.com 602.441.5354 MICHAEL FINCH michael.finch@svn.com 480.797.9825 SVN | Property Investment Advisors ROBERT PLISKA robert.pliska@svn.com 248.443.1400 2,640,000 24 units 6.98% 52,800 • For more information, please visit www.SFRhub.com and search for portfolio 100631 • The average rent of this portfolio of $971 is 10% below current market rents of $1091 • Over the past three years, average rents in Detroit have grown by nearly 23% • Turn-key properties recently renovated within the past 3-5 years • Professionally managed with fully vetted tenants and a 95% success pay rate
  36. 36. www.svn.com PAGE | Please visit www.svn.com for more information on the properties featured on today’s call and to view all of SVN’s active listings. DISCLAIMER This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. All SVN® offices are independently owned and operated. Thank You For Joining Us!

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