The Mill Creek Pavilion

The_Mill_Creek_Pavilion1

The_Mill_Creek_Pavilion2 The_Mill_Creek_Pavilion3

Purchase Date: July 2005 Price: $4,965,000
Cash on Cash Return: 10.00% Project 5 Year IRR: 28%
Current Market Value: $7,850,000
Note: Mill Creek Professional Center is a Class B medical building adjacent to the new Mill Creek Town Center. The property was purchased prior to a significant run up in values and has enjoyed increasing rents that have pushed its current market value up even more.