Deer Valley

Property Summary


In December 2011, a partnership was formed to acquire a property consisting of one 3-story office building and two single-story industrial buildings across the street from the Deer Valley Airport, one of the most active general aviation (non-commercial) airports in the country.  The property has proved to be an excellent acquisition because of its location, functionality, and low purchase price compared to replacement cost. With substantial capital improvements, occupancy has increased from 48% at acquisition, to nearly 100% currently.