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MFL008 – August 2019 – Village Park

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In this accompaniment to the June update, in which I discussed my worst deal (Valley Creek), I unpack my best deal, Village Park, which I purchased for $4.85 million in 2014, sold for $9 million in 2019, and made investors 215% returns on their money. I attempt to explain what went so well at this property and why it performed so much better than Valley Creek.

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