Burnside Rocket Development (Kevin Cavenaugh) - 10.26.11

HELLO.

1) FAILURE

2) RESPONSE

BURNSIDE ROCKET3 Offices sandwiched between

top floor & ground floor Restaurants

(1111 E Burnside St. Portland, Oregon 97227)

LAND COST 3,800 sq.ft. X $20 = $76,000

COST = $3,861,000 VALUE = $3,998,000

INVESTMENT = $1,140,000 RETURN = 7%

HARD COSTS = $175/sq.ft. SOFT COSTS = $51/sq.ft.

NOTE: THE STORY SELLS

NOTE: V.E. THE WAY YOU WANT

NOTE: ‘SOPHISTICATED’ GREEN …..

…. AND MY BIG EGO = EXPENSIVE!

i.e. – QUIT WHILE YOU’RE AHEAD.

COST = $3,861,000 2008 VALUE = $3,998,000

2011 VALUE = $2,900,000NET PROFIT = ($1,098,000)

…..

The OCEAN4 Micro Restaurants

1 Bakery1 Office1 Loft

(NE Glisan and 24th, Portland, Oregon 97214)

COST 7,200 sq.ft. X $110 = $792,000

COST = $1,300,000 VALUE = $1,500,000

www.TENpod.org/guerrilladevelopment

THE END.(Thanks)