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Pine 3

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Units
20
Year Built
1959
Date Purchased
5/22/18
Purchase Price
$3,340,000
Valuation Date
8/25/20
Hold Period
2 years
Sold On
12/30/20
Sold Price
$4,650,000.00
Hold Period
15%
Approx. IRR
1.42 x
Asset Type
Multi-Family

Investment Summary

Units20
Year Built1959
Date Purchased5/22/18
Purchase Price$3,340,000
Valuation Date8/25/20
Hold Period2 years
Sold On12/30/20
Sold Price$4,650,000.00
Hold Period 15%
Approx. IRR 1.42 x
Asset TypeMulti-Family

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Founded in 2011, Golden Bee Properties is a full-service real estate asset management.

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Founded in 2011, Golden Bee Properties is a full-service real estate asset management.

Fund highlights

1845-1851 Pine Ave. |Long Beach CA 90806

1845-1851 Pine Ave. |Long Beach CA 90806

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Pine 3

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Verivest has performed deep due diligence on both the Golden Bee Properties Principals and its portfolio holdings before being approved as a Verivest Verified Sponsor.

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Disclaimer

The material contained on this site is furnished solely for the purpose of considering investment in the properties described therein.
This information has been prepared to provide summary information to prospective investors. It does not, however, purport to present all material information regarding the subject properties, and it is not a substitute for a thorough investigation by professionals such as: attorneys, accountants and financial advisors.
The information contained in this site has been obtained from sources we believe to be reliable; however, Golden Bee Properties has not conducted any investigation regarding these matters and make no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. Any pro formas, projections, opinions, assumptions or estimates used are for example only and do not necessarily represent the current or future performance of the properties.

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Verivest has performed deep due diligence on both the Golden Bee Properties Principals and its portfolio holdings before being approved as a Verivest Verified Sponsor.