Sale Date: September 2025
Cash Invested: $35,000,000
Purchase Date: 2021
Cash Proceeds at Sale: $36,500,000
Profit: $1,500,000
Profit Percentage: 4.3% equity gain plus an average of 4.5% cash on cash
PACIFIC POINTE APARTMENTS
VANCOUVER, WA
Sale Date: November 2023
Cash Invested: $1,500,000
Purchase Date: 1990
Cash Proceeds at Sale: $17,000,000
Profit: $12,000,000
Profit Percentage: 800% plus infinity on cash flow
SHERMAN VILLAGE APARTMENTS
CHICO, CA
Sale Date: June 2023
Cash Invested: $500,000
Purchase Date: 2000
Cash Proceeds at Sale: $4,100,000
Profit: $3,600,000
Profit Percentage: 700% plus approximately 20% on cash flow
E SHASTA DUPLEXES
CHICO, CA
Sale Date: March 2023
Cash Invested: $1,000,000
Purchase Date: January 2019
Cash Proceeds at Sale: $2,400,000
Profit: $1,800,000
Profit Percentage: 42% plus 8% on cash flow (25% IRR)
JACK SCOTT APARTMENTS
CHICO, CA
Sale Date: August 2022
Cash Invested: $350,000
Purchase Date: July 2020
Cash Proceeds at Sale: $2,200,000
Profit: $1,850,000
Profit Percentage: 530% plus 8% on cash flow
FERNWOOD PLACE APARTMENTS
LAYTON, UT
Sale Date: Fall 2021
Cash Invested: $4,800,000
Purchase Date: October 2018
Cash Proceeds at Sale: $11,391,000 (after pre-payment penalty)
Profit: $6,591,000
Profit Percentage: 138% plus 8% on cash flow
APPLEWAY & ROSEWOOD APARTMENTS
SPOKANE, WA
Sale Date: Fall 2020
Cash Invested: $2,800,000
Purchase Date: July 2015
Cash Proceeds at Sale: $9,000,000
Profit: $6,200,000
Profit Percentage: 220% plus about 8% on cash flow
RIDGEWOOD CONDOMINIUMS
MEDFORD, OR
Sale Date: Winter 2019
Cash Invested: $4,790,000
Purchase Date: January 2015
Cash proceeds at Sale: $9,900,000
Profit: $5,200,000 (after pre-payment penalty)
Profit Percentage: 110%
RIVERWOOD APARTMENTS
GRANTS PASS, OR
Sale Date: Spring 2017
Cash Invested: $3,200,000
Purchase Date: February 2013
Cash Proceeds at Sale: $7,428,000
Profit: $4,228,000
Profit Percentage: 83% plus about 6% on cash flow
COUNTRYSIDE APARTMENTS
SPRINGFIELD, OR
Sale Date: Winter 2013
Cash Invested: $1,550,000
Purchase Date: July 2006
Cash Proceeds at Sale: $2,850,000
Profit: $1,300,000
Profit Percentage: 83% plus about 5% on cash flow
BIDWELL’S MILL APARTMENTS
CHICO, CA
Sale Date: Fall 2011
Cash Invested: $200,000
Purchase Date: April, 2000
Cash Proceeds at Sale: $1,400,000
Profit: $1,200,000
Profit Percentage: 600% plus about 10% on cash flow
BENCHMARK APARTMENTS
BOISE, ID
Sale Date: Spring 2006
Cash Invested: $1,600,000
Purchase Date: November 2004
Cash Proceeds at Sale: $2,670,000
Profit: $1,070,000
Profit Percentage: 67%
SAWMILL COMMONS
CHICO, CA
Sale Date: Spring 2005
Cash Invested: $765,000
Purchase Date: June, 2002
Cash Proceeds at Sale: $2,115,000
Profit: $1,350,000
Profit Percentage: 176%
1147 N. CEDAR
CHICO, CA
Sale Date: Spring 2002
Cash Invested: $105,000
Purchase Date: March, 2001
Cash Proceeds at Sale: $710,000
Profit: $605,000
Profit Percentage: 576%
