Sold on June 26st, 2015 for $3,950,000 after just 18.5 months of ownership and realizing a 68% increase in value, this 12 unit building is a classic example of investments targeted under our business model. Acquired by Red Bridge Partners V, LLC on January 15th, 2014 for $2,350,000 the property had been mismanaged by an absentee owner for 15+ years – requiring immediate attention on the deferred maintenance at the building. Our investors in Tiffany Avenue Apartment Group, LP, realized a 38.2% total return on their invested capital.