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title: 4 Units - Alamitos Beach (Long Beach) - Acquired ��️
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 Lujan/Merriman Development Group through its current fund has acquired another property located in Alamitos Beach just blocks from the beach

| Not rendering correctly? View this email as a web page here. 4 Units - Alamitos Beach (Long Beach) - Acquired LMDG's current fund LMDG Real Estate Value Fund II has acquired its latest property a 4 unit value-add apartment building.  The property is located in the prime Alamitos Beach area of Long Beach just a short walk or bike ride from downtown, Bixby Park, and the beach. LMDG will improve all of the apartments and increase rents by 50%+ over the next 5 - 6 months as tenants vacate the property and units are remodeled.   LMDG Real Estate Value Fund II, LP is closing soon to new investors.  For more information, download our flyer which outlines the strategy of the fund, track record, fund structure, and projected returns.       Project   Name: Alamitos Beach III Size: 3,308 sq. ft.  Units: 4 Location: Alamitos Beach (Long Beach) Stabilized Cap Rate: 8%+         Alamitos Beach Alamitos Beach is a highly desirable neighborhood in the southern portion of Long Beach, CA.  Alamitos Beach includes the East Village Arts District to the west, Hellman to the north and Bluff Park to the east and wide sandy beaches along the Pacific Ocean to the south.           Fund II Investor Terms   Fund: LMDG Real Estate Value Fund II, LP   Fund Size: Up to $15 million of equity   Manager: Lujan/Merriman Development Group   Term: Five years   Equity Ownership: 30%   Distributions: Cash flows from operations and       sales to be determined quarterly   Fund II Target Investments   Acquisition Size: $1.5 - $5 million   Property Types: Multifamily, In-fill land, Single-        family residential   Location: Coastal markets within Orange County      and Los Angeles County as well as key sub-              markets within Los Angeles and Hollywood   Target Return: 12% - 15%+ net IRR 1.5x - 2.0x net Multiple Lujan/Merriman Development Group 5050 E. 2nd Street #14806 Long Beach CA 90853 United States Preferences \| Unsubscribe |
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