Malik Mullino is a retired marine officer and is currently the CEO of Jadeite Assets LLC which came into running in 2020. Recent news has shown that Jadeite Assets LLC has bought a new property that is worth 9.5 million dollars. The property is located off the Orange County Coast and the sole purpose of acquiring this property is because of the amazing views it offers.
Malik Mullino has yet again succeeded in finding rare investment opportunities, this time near Laguna Beach, to maximize the company’s profits in huge figures.
Moreover, Recent interviews have shown that Jadeite Assets LLC owns one of the wealthiest private investors that produce positive profits with them. This enthusiasm and positive efforts result in keeping the business financially stable.
Apart from that,
Details of the Property
You might be wondering why this piece of land or property has caught the eyes of Malik Mullino. It includes six attached bathrooms, two of which have been marbled out with luxurious Jacuzzi tubs and walk-in showers, three deluxe bedrooms, a fancy kitchen, a wholesome movie theatre, a gigantic pool as well as a courtyard.
In addition to that, the property of parameter 11,000SF holds the space of almost 4900SF, how amazing is that?
It was bought off at a market value of 9.6 million dollars, definitely worth the amount. Furthermore, if the value and rarity of the land are kept in mind, it could be sold for an amount of 15 million dollars within the next coming two years maximum.
Recent Success of Jadeite Assets LLC
Malik Mullino the CEO of Jadeite Assets LLC made a contract with the Irvine-based shop through the influence of Realty Investments. Thus, the company invested in a luxurious condo project worth 90 million dollars. The condo is located in Newport Beach and is a chunk of long-term development up in Uptown Newport.
Furthermore, it went under construction in early March and reports state that it will be occupied by residences after a two-phase development and its interior will be conceived in detail by Black Band Design.
Design of the Condominium
So far, we have heard that the Condo will consist of a pool holding a hot tub as well as a resort cabana. The whole of this will consist of thirty condos which will include five buildings professionally designed by the WHA Architects.
Moreover, a combination of the condo is to be designed as a mixture of half-floor flats along with the company of two-story deluxe penthouses. Their prices will be starting at a minimum of 1.9 million dollars. The residence will be given direct access to a beautiful village green through an elevator.
The goal of Jadeite Assets LLC
It has been made clear through the actions and genius mind of Malik Mullino, that the goals he has for Jadeite Assets LLC are impeccable. Malik has said in a recent interview that they have a professional and a highly capable team of private investors that invest their money solely for the growth of the company. Through their combined efforts, they can operate on a wider range financially and will be looking forward to their next purchases which are under work right now.Updated Date: 08 April 2021, 12:53