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Updated almost 2 years ago,
Ground Up Development Project "National Ave Apartments"
Investment Info:
Large multi-family (5+ units) buy & hold investment in San Diego.
Purchase price: $505,000
Cash invested: $1,500,000
Ground up construction project in San Diego. Project used the DSDIB400 to add 2 additional rental units to the property via ADU conversion on new construction. Property has been refinanced and stabilized creating long term cash flow for the investors.