1605 South Main St. Seattle, WA 98144

• Identified opportunity despite poor initial property condition
• Executed full renovation and converted asset to for-sale townhome product
• Located in Seattle’s Central District
• Modern design, strong location, and attractive price point drove demand
• Purchase Date: Nov, 2013
• Purchase Price: $750,000
• Hold Period: 1 year
• Total Sales Price: $2,235,996
• ROI: 38.67%