1.79 Acre Site Off US Highway 231/ 431 - AIM Academy- Huntsville (Meridianville), AL
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1.79 Acre Site Off US Highway 231/ 431 - AIM Academy- Huntsville (Meridianville), AL
9,952 SF Speciality Building Offered at £3,550,500 at a 7% Net Initial Yield in Meridianville, AL 35759
Investment Highlights
- The Two Owners of AIM Academy Have a Combined 40 Years of Experience in Opening and Growing Childcare Operations
- This Lease Will Be Guaranteed By Both Principles of the Company and the Future Growth of Their Company
- 2023 New Construction Absolute Triple Net (NNN) Lease With 14+ Years Remaining and Zero Landlord Responsibilities
- One Being the Former CEO of One the Largest Childcare Providers in the Nation
- Meridianville is a Northern Suburb of Huntsville, AL, That is Only a 25 Minute Drive From Huntsville International Airport
- Nearby Elementary Schools Within a 5-Mile Radius Include: Hazel Green, Lynn Fanning, Rolling Hills, Montview, James I
Executive Summary
Sands Investment Group is Pleased to Present Exclusively For Sale the 9,952 SF AIM Academy Located at 11461 US Highway 231 in Meridianville, AL. This Deal Includes a 2023 New Construction Absolute Triple Net (NNN) Lease With 14+ Years Remaining and Zero Landlord Responsibilities, Providing For a Secured Investment.
*The Indicative Swap Rate as of August 14, 2024 Would Be 6.10%, Using a 5-Year Term and 25-Year Amortization. The Rate Buydown Costs Would Be ~ $1,405 Per Basis Point at a Loan Amount of $3,150,000 (70% of the Purchase Price). The Rate
and Buydown Are Subject to Change Based on Market Fluctuations.*
BoR: Andrew Ackerman - Lic. AL #1089690
*The Indicative Swap Rate as of August 14, 2024 Would Be 6.10%, Using a 5-Year Term and 25-Year Amortization. The Rate Buydown Costs Would Be ~ $1,405 Per Basis Point at a Loan Amount of $3,150,000 (70% of the Purchase Price). The Rate
and Buydown Are Subject to Change Based on Market Fluctuations.*
BoR: Andrew Ackerman - Lic. AL #1089690
Property Facts
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Seth Krepistman -
Elan Sieder -
Max Freedman -
Sands Investment Group Austin, LLC
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1.79 Acre Site Off US Highway 231/ 431 - AIM Academy- Huntsville (Meridianville), AL
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