Electrical Real Estate Capital Program Three, LP

INVESTMENT OPPORTUNITIES IN COMMERCIAL REAL ESTATE IN AL, FL, GA, KY, LA, SC TN, AND VA.
Fund Participants:

Clay Street Commons
60 Market-Rate Multi-Family units plus 5,600 square feet of Retail Space in Nashville, TN
Value of Project: $16,770,434
Cost of ECAP Three's Investment $4,953,391

Alexandria Apartments - SOLD
Class A 258 Market-Rate Multi-Family units located in Huntsville, AL.
Value of Project: $40,107,141
Cost of ECAP Three's Investment $7,329,794

Highland Lakes - SOLD
Acquisition/Rehabilitation of 224 Market-rate apartment units in Prattville, AL
Value of Project: $29,202,365
Cost of ECAP Three's Investment $2,722,500