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EX-10.1 - PURCHASE AGREEMENT - MVP REIT, Inc.agreement.htm



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  July 25, 2013
Company Logo
MVP REIT, INC.
 (Exact name of registrant as specified in its charter)


Maryland
333-180741
45-4963335
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)


8880 WEST SUNSET ROAD, SUITE 240
LAS VEGAS, NEVADA  89148
(Address of principal executive offices)
(Zip Code)


Registrant’s telephone number, including area code: (702) 534-5577

N/A
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 
 

 


 

 
Item 1.01 Entry into a Material Definitive Agreement.
 
On July 25, 2013, MVP REIT Inc. (“the Company”) announced they entered into purchase agreement to acquire a 299 unit self-storage facility located off of the Nevada Highway in Boulder City, NV. The $5.2 million acquisition of the property is expected to close in August, 2013.

The self-storage facility consists of 23 buildings situated on 5.02 acres with a total of 111,913 net rentable square feet including 288 single-story units with an additional 11 open recreational vehicle spaces.
 
Item 9.01 Financial Statements and Exhibits.
 
(d) Exhibits.
 
Exhibit No.
 
Description
10.1
 
Purchase agreement


 
 

 


SIGNATURE
 

 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 

 
Dated:  July 25, 2013
 

 

 
MVP REIT, INC.
 

 
By: __/s/ Dustin Lewis_______________
 
       Dustin Lewis
 
       Chief Financial Officer