pacific west land
 

 

PWDAF

Pacific West Distressed

Asset Fund, LLC

 

Ahwatukee Hills - SOLD
Cave Creek Plaza - SOLD
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
Siena Canyon Square - SOLD
pwl
Location 4840 Fort Apache Road, Las Vegas, NV 89147
pwl
Acquisition Date July 2010
pwl
Total Investment $3,210,000
pwl
Square Feet 15,074
pwl
Tenants Include Cycling Studio, Purrfect Auto
pwl
Highlights
Face value on the note of over $6M
61% occupancy at date of purchase in strong retail area with solid national tenants and high-traffic exposure
pwl
Disposition
Sold Jack in the Box September 2010 for $1.835M
Sold Arby's December 2010 for $1.417M
Sold American Auto October 2013 for $700k
Sold remaining property March 2015 for $980,000
Multiple - 1.51x
Gross IRR - 60.94%
pwl

return to top