115 30th Ave, Seattle, WA 98122

Highlights:

• Acquisition Date: April 11, 2011
• Sale Date: December 31, 2012
• Identified opportunity in a failed condo project and repositioned as a luxury apartment community
• Acquired at favorable pricing with strong existing floor plans
• Located in the prestigious Leschi neighborhood with views of Lake Washington
• Completed full renovation and successfully stabilized through lease-up
• Sold at record pricing as demand increased for quality investment assets

Financials:

• Total Sales Price: $2,165,000