Not rendering correctly? View this email as a web page here.

Alamitos Beach Property Sold - 147% ROI

LMDG is proud to announce the sale of one of its legacy assets, 126 Bonito.  A prime four-unit apartment building located in the Alamitos Beach neighborhood of Long Beach one block from Ocean Blvd.  126 Bonito is an excellent representation of LMDG's value-add investment strategy.

Fund II is still open for investment.  For more information, download our flyer which outlines the strategy of the fund, track record, fund structure, and projected returns.

Download Flyer

20180424_144738_350x281.jpg
 
 
 
Project Profile
 
Name: 126 Bonito
Size: 3,624 sq. ft. 
Units: 4
Location: Alamitos Beach
 
 

 

 
Project Return
 
Gain on Asset: 67%
ROI: 147%
Multiple: 2.5x
Hold Period: 19 Months
 
 
IMG_2876_350x281.jpg
Alamitos Beach Map-350x281.jpg

 

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:
  • 15% - 18%+ net IRR
  • 1.5x - 2.0x net Multiple
20180910_115059-350x281.jpg

Lujan/Merriman Development Group

5050 E. 2nd Street #14806 Long Beach CA 90853 United States

Preferences | Unsubscribe