Columbia Property Managers LLC
Fund: Fund 1, iCap Pacific Northwest Opportunity & Income Fund LLC
Location: 21895 Viking Ave. NW, Poulsbo, WA 98370
Description: The sponsor will be closing on two lots – one has main road frontage which will be the location of the Sonic Drive-in. The extra commercial lot, behind the proposed Sonic Drive-in, will be developed into a warehouse property and then sold.
Investment Date: 12/26/2014
Investment Amount to Date: $1,057,710.92
Q1 2019 Progress Update: Sonic has been built, and we are currently marketing warehouse space to interested companies.