Hillcrest Palms
Santee Re-development
Santee Family Apartments
Infill redevelopment of older homes and 3 different ownership into 40 affordable apartments.
Santee Courtyard
Entitlement took time with various governmental agencies…
Oceanside
[box type=”info”] Address: 254 Holiday, Oceanside Livable SF: 964 Bed/Bath: 2/2 Peak Sales Price/Value: $269,000 Fund III Acquisition Price: $97,000 Price & Renovation as % of Peak Price: 42% Disposition Price as a % of Peak Price: 79% ACTUAL Rental Rate per Month: $1295 ACTUAL Monthly Return (Net): 8% Projected IRR at Year 6 end: …
Le Mesa
[box type=”info”] Address: 4821 Lowell St. #4, Le Mesa Livable SF: 1118 Bed/Bath: 3/2 Peak Sales Price/Value: $330,000 Fund III Acquisition Price: $129,000 Price & Renovation as % of Peak Price: 39% Disposition Price as a % of Peak Price: 69% ACTUAL Rental Rate per Month: $1495 ACTUAL Monthly Return (Net): 10% Projected IRR …
Santee
Santee (CA): Re-development 2.5 acres – redeveloped to 48 apartments
Wheatridge
Wheatridge (CO): Condominium Conversion and Re-development 15 unit apartment conversion and one old SFR
Denver
Denver (CO): Condominium Conversion Converted and sold out all units in 6 months