| | 104% return to investors in 33 months
Occupancy rate - 100%
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On October 17, 2007 Plaza 14 unit holders held a special meeting to consider a refinancing proposal on the property. The Limited Partners voted to accept the proposal and as a result received an equity take out resulting in a return of 81% on their initial investment. This brings the total return to investors achieved to date for this property to 104% in less than 3 years. An original investment of $25,000.00 has to date seen a return of $26,056.00. Investors continue to maintain their original equity portion in the building and continue to receive quarterly distributions. |
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