Property Type: 9 Unit Apartment Building
Location: 1135 Raymond Street, Long Beach, CA
Original Description: Currently producing 7% cash on the investment.
Purchase Price: 1,075,000
Investor Contribution: 1,175,000
Sale Price If Sold (Or Projected Sale Price): Expected $1,800,000
Period: 3 years
Annual Return to Investors: 26%
Sold/In Holding Period: Holding
Plan/Notes Related To The “Investment”: Currently producing 7% cash on the investment.