Property Type: 5 Unit Apartment Building

Location: 2130 Willow Avenue, Oceanside, CA

Original Description: The owner was in trouble with the city so we took the building, brought it up to code; and distributing 8% cash on cash.

Purchase Price: 600,000

Improvements: 90,000

Investment: 675,000

Investor Contribution: 300,000

Sale Price If Sold (Or Projected Sale Price): Expected $1,050,000

Period: 3 years

Annual Return to Investors: 45%

Sold/In Holding Period: Holding

Plan/Notes Related To The “Investment”: Improve, new management, better class of tenants and sell.