pacific west land
 

 

PWREO

Pacific West Real Estate

Opportunity Fund, LLC

91st and Northern -SOLD
Arrowhead Festival
Bell West Ranch Shops -SOLD
Buenaventura Lakes -SOLD
Crabapple Station -SOLD
Eastern & St. Rose -SOLD

Fairway Park Plaza

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

King's Crossing -SOLD

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

Village Shoppes

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

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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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