A REFUND FOR $87,000 A WELCOME SURPRISE

Highlights

In 2008 our client purchased an industrial park in Elk Grove. The location was later assessed in 2010 for $22 million. After our tax agents demonstrated a more realistic cap rate, as well as proving the market sales had dramatically decreased, we were able to win the assessment appeal and were successful in reducing the assessed value down to $14 million, which resulted in our client receiving a refund of over $87,000!

 

Success