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Towne Crier Building, Portland, OR
Property Description and Approx. Original Investment and Year
$1,960,000 (appraised value for purchase loan)
Renovation and repositioning of commercial building in 2023.
Est. Current FMV
Approx. Square Feet
7,000 plus rental of parking spaces to food truck operations
Current Adjusted Returns [1]
Distributions 3% in first two years and averaging 9% thereafter, plus IRR exceeding 15% annualized
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Amounts do not include tax benefits created and allocated to investors or returns of loan proceeds.
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