10915 Garland Rd. | Dallas, Tx
This 5,000-square-foot building was operated by its owner as a vacuum cleaner repair store for over 25 years. It had been closed for several years when we contracted to purchase it in late 2017. While under contract, we were able to negotiate a lease with a Liberated Montessori School and after a complete remodel, they are operating very successfully. We sold this property in September 2019 and were able to return a 2.40 equity multiple (after promote) in 21 months.