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Just Closed!
Project Name: First Street
Units: 7
Location: Long Beach, CA
Stabilized Cap Rate: 10%+
Stabilized Rent: $13,885 - $14,865
LMDG has acquired a seven unit building on 1st street in the Alamitos Beach neighborhood of Long Beach, CA one block from the Ocean. The property had been under-utilized for many years and provides incredible rent and cash flow upside.  LMDG will improve all of the existing apartments and increase rents by 75-90% within the first six months of operation.  We anticipate a 65-75% increase in the value of the asset upon stabilization.

Aaron Merriman and Aaron Lujan have a proven 11-year track record of doing value-add real estate investing.  To learn more about investing with LMDG and schedule a tour, please contact us for details. 
Aaron Merriman
949.677.7858
amerriman@lmdg.net
Aaron Lujan
714.907.6371
alujan@lmdg.net
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*Annual rate of returns may vary based on investor's investment size.  Please contact LMDG directly for additional information on the investment options.  Past performance is not indicative of future results.

Our mailing address is:
LMDG
5050 E. 2nd St #14806
Long Beach, California 90853

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