Sale of Net-Leased Childcare Property in Suburban Denver
Hinge is proud to announce the sale of a net leased property in suburban Denver occupied by Nobel Learning’s brand Merryhill School. Hinge represented the seller in this real estate only transaction, procuring four solid written offers and three verbal expressions of interest within the first 45 days of marketing. Offers were received not only from buyers in Denver, but also from investors in Florida, New York and California. This testifies to the reach of Hinge’s database of buyers.
After consideration of each buyer’s price, financial capabilities, reputation and other similar factors, the seller went back to two buyers for their best and final offer. One buyer separated themselves from the pack, and the deal went under contract just before Thanksgiving to a 1031 buyer who had prior knowledge of the asset. The final closing price was 97.8% of the original asking price. Talk to Hinge about how we can help you with your disposition and acquisition of net leased child care assets around the country, or support your buying or selling needs in general. Contact a member of our team at firstname.lastname@example.org