Lake Zurich Square

Here are some highlights on the property: 

• Projected 2x Equity Multiple after the 5 year hold period.

• Value add- there is a lot of oppurtunity from reducing expenses such as taxes, moving the leases as they expire to NNN will make this more valuable specially for future buyers and increase cashlfow as we will have less expenses.

• No major renovations upfront, the property is in very good condition. We plan to address minor items that came up in the inspection and our reserve account will have more than enough to cover that and any un-expected items that might come up in the first 12-24 months. 

• Risk is at minimum with this being an all cash purchase, there will be no re-financing or debt on the asset, this fund is a 506B fund.