Portfolio Divestitures
Wicker Park 3 Flat
Date Purchased: August 2011
Building Mix: 3 Residential Units
Purchase Price: $599,000
Investment Timeline: 2 years 10.5 mos
Sale Price: $951,000
Total Return to Investors: 137% return on invested capital
Notes: All investors opted to 1031 proceeds into new 33CP deal
Wrigleyville 3 Unit Brownstone
Date Purchased: September 2012
Building Mix: 3 Residential Units
Purchase Price: $650,000
Investment Timeline: 1 year
Sale Price: $1,000,000
Total Return to Investors: 40% return on invested capital
West Bucktown 3 Unit
Date Purchased: August 2012
Building Mix: 3 Residential Units
Purchase Price: $211,000
Investment Timeline: 1 year 1.5 mos
Sale Price: $487,500
Total Return to Investors: 40% return on invested capital
Notes: All investors opted to 1031 proceeds into new 33CP deal
Andersonville 6 Flat
Date Purchased: May 2013
Building Mix: 6 Residential Units
Purchase Price: $728,000
Investment Timeline: 1 year, 10 months
Sale Price: $1,050,000
Total Return to Investors: 25.1% return on invested capital
UK Village 5 Unit
Date Purchased: February 2013
Building Mix: 5 Residential Units
Purchase Price: $515,000
Investment Timeline: 2 year, 10 months
Sale Price: $1,195,000
Total Return to Investors: Over 85% return on invested capital
Bucktown 6 Flat
Date Purchased: September 2013
Building Mix: 6 Residential Units
Purchase Price: $715,000
Investment Timeline: 2 year, 6 months
Sale Price: $1,350,000
Total Return to Investors: Over 30% return on invested capital
Noble Square 4 Unit
Date Purchased: Sept 2012
Building Mix: 4 Residential Units
Purchase Price: $675,000
Investment Timeline: 3 years 8 mos
Sale Price: $1,020,000
Total Return to Investors: Over 107% return on invested capital
Bucktown 6 Unit
Date Purchased: July 2014
Building Mix: 6 Residential Units
Purchase Price: $867,000
Investment Timeline: 1 years 10 mos
Sale Price: $1,611,852
Total Return to Investors: 53% return on invested capital
UK Village 6 Unit
Date Purchased: September 2014
Building Mix: 6 Residential Units
Purchase Price: $730,000
Investment Timeline: 1 years 7 mos
Sale Price: $1,588,148
Total Return to Investors: Over 50% return on invested capital
Lakewood Balmoral 6 Unit
Date Purchased: November 2014
Building Mix: 6 Residential Units
Purchase Price: $835,000
Investment Timeline: 1 years 4 mos
Sale Price: $2,025,000
Total Return to Investors: Over 65% return on invested capital