other material
confidence high
sentiment neutral
materiality 0.25
AEI INCOME & GROWTH FUND 25 LLC: M&A transaction — AEI Income & Growth Fund 25 LLC acquires additional 50% interest in Macon clinic for $1.05M
AEI INCOME & GROWTH FUND 25 LLC
- Acquired additional 50% interest in Coliseum Health clinic, Macon, GA for $1,050,000 from affiliate AEI Income & Growth Fund 24 LLC.
- Purchase price based on independent third-party appraisal; property leased to Macon Healthcare/Hughston Clinic with remaining lease term of 1.44 years.
- Annual rent for 50% interest is $84,480 under a net lease; tenant pays taxes, insurance, maintenance.
- Acquisition funded with cash from property sales; pro forma would increase net income by ~$47k for FY2021 and ~$24k for H1 2022.