IIP Poway 25, LLC is a single purpose entity being formed to acquire a 25-apartment community in the desirable inland city of Poway, CA. This investment is considered Value Add with a moderate risk profile.

The purchase price of the property is $6,255,000, with a total capitalization cost of $8,300,000.  This investment is anticipated to generate a 8.90% annualized blended cash on cash return during the forecasted hold period, prior to the projected sale in 2030. The Class A Common Investment Members shall receive all net cash distributions first until all equity invested has been returned. Thereafter, 80% of any profits will be paid to the Class A Members and 20% to the Class B Members. The equity multiple for the Class A Members is estimated to be 1.68.