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Florida Ariel

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Renovation has been completed at 2104 E. Florida in Long Beach.  This eleven unit building was the third property acquired by LMDG Real Estate Value Fund II ("Fund II").  Located in Alamitos Beach near Bixby Park, Retro Row and three blocks from the Ocean.

The building was also greatly enhanced in our usual fashion with the addition of modern amenities required by today's astute tenant.  For this project, plumbing and electrical were replaced as well as a complete renovation of all bathrooms and kitchens.  AC was added to all units as well as in-unit laundry hookups.

With the completion of this renovation, Fund II investors have achieved immediate value creation and excellent cash flow.

Fund II was closed to new investors May 31st.  Be on the lookout for our upcoming LMDG Fund III announcement coming soon.


Aaron Merriman