pacific west land
 

PACIFIC WEST REAL ESTATE OPPORTUNITY FUND
91st and Northern
Arrowhead Festival
Bell West Ranch Shops
Buenaventura Lakes - SOLD
Crabapple Station - SOLD
Downtown Hickory Flat
Eastern & St. Rose - SOLD

Fairway Park Plaza

Fort Apache Shopping Center - SOLD
Highlands Shopping Center
International Promenade
Jonesboro - Towne Crest - SOLD

King's Crossing - SOLD

Northlake Promenade
Palm Bay Commons - SOLD
Shoppes at Andover - SOLD
Shoppes at Princeton Lakes - SOLD
Shoppes at Summerlin
Shoppes of Maitland -SOLD
Stonebridge Shops

Village Shoppes

Vistancia Marketplace
Westminster Crossings -SOLD
 
  From the Pacific West Real Estate Opportunity Fund, LLC
Palm Bay Commons - SOLD

pwl
Location 1105 Palm Bay Road, Melbourne, FL
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Acquisition Date March 2012
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Total Investment $923,000
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Square Feet 9,000
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Tenants Include Mattress One, L.A. Tan, Sushi Mori
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Highlights
100% Occupancy at purchase
Purchased for deed-in-lieu of foreclosure
On busy Palm Bay Road, daily traffic count 45,490
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Disposition
Sold April 2013 for ~$1.3M
Multiple - 1.51x
Gross IRR - 48.42%
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