Medical Buildings - Offering Memorandum

Medical Buildings - Offering Memorandum

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Offering snapshot

Medical Buildings

mesamobpic1
MesaMOBPic2
Vista Hills-Multifamily Investment
mesamobpic1 MesaMOBPic2 Vista Hills-Multifamily Investment

1713 Weston Brent Ln, El Paso, TX 79935, United States

  $100,000

   Minimum investment

 

  offering size

  Direct syndication

   Deal type

   Sec type

  Equity

  Type of equity

Sponsorship team

Ash Shah

PARKSIDE PLACE INVESTMENT OFFERING

Medical Buildings - Soft Commitments

About offering

Impex Capital Group is excited to present you all with an opportunity to invest in a 2-pack, 55,583 SF medical office building portfolio in El Paso, TX.  The portfolio is currently 79.8% occupied; however, contemporaneous with acquisition closing we will be signing 2 15-year leases with a prominent El Paso multi-specialty dental practice (Vista Hills Family Dental) which will take us to 100% economic occupancy (based on Seller’s existing SF measure of the building) after completion of buildouts.  The principal/owner of Vista Hills Family Dental will be investing alongside us as well in this project.  The property was also re-measured to BOMA standards, allowing us to enhance rental economics by capturing additional square footage.

El Paso is unique in that it is often overlooked and underrated economically as its immediate neighbor across the border in Juarez, Mexico is not appropriately considered in most demographic analyses; however, we see it as a busy, booming border MSA with an especially large healthcare footprint to service growing demand from the collective population of both cities.

Financing Highlights:

We’re excited about the returns this deal is able to offer our accredited investors and as always, we’re co-investing alongside you.

  • 100% Leased Stabilized MOB Portfolio
  • 26% Health System Tenancy
  • Strong 8.4 Year WALT
  • Synergistic Mix of Multi-Specialty, Bariatric and Dental Service Providers
  • 15.9% estimated 5--Year Population Growth in 65+ Aged Community
  • Prime Locations Along High Traffic/Visibility Thoroughfare in El Paso
  • Strong Leasing Velocity and Rent Growth
  • Aging Population and 12% 5-year Income Growth in MSA bolsters fundamental need for medical services
  • Excellent Sponsor with Strong Financials
 

Asset details

Medical Building

property type

  Medical Building

   Property type
 

55,583

Sqft

  55,583 

   Sqft
 

Documents

Medical Buildings Offering Summary

Offfering

Document name
Document label
Actions

SixSenses_Summary PowerPoint Deck.pdf

Offering

Medical Buildings Offering Memorandum

Offering

 Offering

Overview

  $100,000

   Minimum investment

 

   Offering size

  Direct syndication

   Deal type

   SEC type

  Equity

   Type of equity

Location

MEDICAL BUILDINGS INVESTMENT OFFERING

Medical Buildings - Soft Commitments

Location

MEDICAL BUILDINGS INVESTMENT OFFERING

Medical Buildings - Soft Commitments