Inland Residential Properties Trust Announces $16.06 Estimated NAV

Submitted by acampbell on

Inland Residential Properties Trust, Inc.'s Business Manager estimated that its real estate sales values, less transaction costs, payments due to related parties, plus cash and other assets net of liabilities, and less debt, totaled $35.1 million. With 2,183,727 Class A shares outstanding, the estimated NAV per share is $16.06. Including the $4.53 per share initial liquidating distribution, the total liquidating distributions estimate would be $20.59 per share.

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