Belvidere Investors LLC

Fund: Fund 2, iCap Northwest Opportunity Fund LLC

Location: 2318 Belvidere Ave. SW, Seattle, WA 98126

Description: A tear down in West Seattle with a view of the Sound and Downtown Seattle. Existing home is 4100 sq ft. Tear down and replace with a 7300 sq ft. contemporary, 4 story with attached garage.

Investment Date: 12/8/2015

Estimated Exit: 10/31/2019

Investment Amount to Date: $359,804.75

Q1 2019 Progress Update: Working with Builder to finish the project and bring it to market to be sold.

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Jami Stevenson