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The Melrose in Mountain View, California: The annual income for this property when it was acquired in late 1994 was $295,000. When sold in 2000, the property’s annual income had reached $571,000. The original capital investment of $800,000 grew to $4,663,000 at the time of sale, achieving a 583% return for its owners. Parkway Plaza in Wilsonville, Oregon: After a complete rehabilitation of this 28,000 square foot property, annual rental rates at Parkway Plaza increased from $10.50 to $18.00 per square foot. Mayfield invested $213,000 in this property in 1996. The property was sold in 2005 yielding a total return of $1,962,000, a 921% return. Each of these properties' value has been significantly enhanced through Mayfield Investment Company's experienced leadership. Naturally, some Mayfield Investment properties have had results not as favorable as those shown in the two examples above. |
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