LMDG Fund III: 12 Units - Alamitos Beach (Long Beach) - In Escrow
12 Units - Alamitos Beach (Long Beach) in Escrow
Recently launched LMDG Fund III has entered into a contract to acquire another building.
The property is located in the prime Alamitos Beach area of Long Beach three blocks from Ocean Blvd and a short walk or bike ride from downtown and the East Village Arts District.
LMDG will improve all twelve units and increase rents by 50%+ over the next 6 - 9 months as tenants vacate the property and units are remodeled.
This acquisition will be Fund III's second property. For more information, download our flyer which outlines the strategy and structure of Fund II, projected returns, and our track record.
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