Richland Acquisition LLC
Fund: Fund 1, iCap Pacific Northwest Opportunity & Income Fund LLC
Description: 5 acre commercial parcel in the Tri-Cities area of Washington.
Investment Date: 9/18/2015
Estimated Exit: 12/31/2019
Investment Amount to Date: $1,739,171.22
Q1 2019 Progress Update: Based off of the highest and best use report, this property is best suited for a Hotel. We plan to sell this parcel and will have it on the market by May 2019.