9 CAP NNN Vegas investment $226K annual income

[Tiger M.]

This property is fully leased to a charter school and one of several building in use by the school. Lease in place until 2019 on this building, school grew 25% for this new school year 2015-2016. The tenant is a Hillsdale College affiliate who is a co-educational, non-profit liberal arts college in Hillsdale, Michigan, United States. Jay Nordlinger of the National Review has described Hillsdale as "the conservative Harvard. This is a true triple net where tenant pays all expenses on the property so the cash flow numbers are direct profit. Here is a link to the listing  LISTING LINK

Here is a link to the tenants web site Tenants web site and here is a taste of who they are: The Hillsdale College Barney Charter School Initiative has deliberately taken a classical approach to education. By “classical,” we mean a form of education that could be called classical, civic, and liberal but in the school reform movement these days most often goes by the designation “classical.” Some might call it “conservative,” but we prefer the term “traditional.” That is, we adhere to an ancient view of learning and traditional teaching methods. Such a choice might at first seem paradoxical or even out-of- touch with reality. Why, at the beginning of the twenty-first century, in the age of the internet, in a country that has long been addicted to the revolutionary and the novel, when almost everyone in the world of K-12 education is singing the chorus of “critical thinking skills for a twenty-first-century global economy,” should cutting-edge schools root themselves so deeply in the past? Is not newer always better? What could today’s young people learn from old books? We must answer these questions clearly from the outset. Classical education has a history of over 2500 years in the West. It began in ancient Greece, was adopted wholesale by the Romans, faltered after the fall of Rome, made a slow but steady recovery during the Middle Ages, and was again brought to perfection in the Italian Renaissance. The classical inheritance passed to England, and from the mother country to America through colonial settlement. At the time of this nation’s founding classical education was still thriving.

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Net Operating Income (NOI)	$226,363.20