pacific west land
 

PACIFIC WEST REAL ESTATE OPPORTUNITY FUND
Ahwatukee Hills - SOLD
Cave Creek Plaza
Desert Bloom Plaza - SOLD
Foothills Park Plaza - SOLD
Laveen Village - SOLD
McClintock and Elliot - SOLD
Oasis at the Islands - SOLD
Pepper Ridge Plaza - SOLD
The Plaza in Scottsdale - SOLD
Shops at Tatum & Dynamite - SOLD
Shops at Warm Springs - SOLD
Siena Canyon Square - SOLD
Sunset Commons - SOLD
Village at Surprise - SOLD
Walmart Country Club Shops - SOLD
 
  From the Pacific West Distressed Asset Fund, LLC
Oasis at the Islands - SOLD

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Location 1455 W. Elliot Road, Gilbert, AZ
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Acquisition Date March 2010
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Total Investment $574,635
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Square Feet 7,200
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Highlights
Non-performing note purchased at below physical replacement cost
Face value on the note of $1.65M
Located in affluent suburb of Phoenix near large business park
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Disposition
Leased to 100%
Sold April 2012 for $1,255,000
Multiple - 1.9x
Gross IRR - 30.79%
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