Exhibit (a)(4)
















May 26, 2005


TO:      EQUITY UNIT HOLDERS OF CONCORD MILESTONE PLUS, LP

SUBJECT: AMENDED AND EXTENDED OFFER TO PURCHASE UNITS FOR $2.50 PER UNIT

Dear Unit holder:

We are amending and extending the Offer to Purchase (the "Offer") sent to you on
April 27, 2005, by Sutter Opportunity Fund 3, LLC, Sutter Opportunity Fund 3
(TE), LLC, SCM Special Fund, LLC, and MacKenzie Patterson Fuller, Inc. (the
"Purchasers") for any and all outstanding Equity Units, each Equity Unit
consisting of one Class A Interest and one Class B Interest ( with each such
Equity Unity referred to herein as a "Unit") in CONCORD MILESTONE PLUS, LP, (the
"Company") at a purchase price equal to:

                                 $2.50 per Unit

The General Partner declared a $0.0326 per Unit distribution, which pursuant to
the terms of the Offer would have reduced the Offer Price by that amount;
however, we are now amending the Offer to increase the Offer Price back up to
$2.50 per Unit. Further, we are extending the Expiration Date to June 10, 2005.

The Purchasers are making the following additional disclosures or
clarifications: (1) the Offer is for "Equity Units," each of which consist of a
Class A and Class B Interest. We are not offering to purchase Class A or B
Interests separately; (2) In addition to the recent trading prices indicated in
our Offer, there were trades at $1.50 per Equity Unit in the Fourth Quarter 2004
according to the Stanger Report, and the General Partner has indicated that it
processed trades since December 31, 2004 ranging from $0.75 to $1.65 per Equity
Unit; (3) the Offer will not have a subsequent offering period; (4) Section 6 of
the Offer is not limited to general information only; (5) if the Offer results
in there being fewer than 300 Unit holders in the Partnership, the Purchasers
would advocate deregistration to save compliance time and costs, but this would
result in the concomitant loss of the protections afforded to the remaining Unit
holders from registration under the Securities Exchange Act; (6) the original
Offer incorrectly identified one of the Purchasers as SCM-CMP Acquisition Fund,
but the correct name is SCM Special Fund, LLC; and (7) the estimate of
Purchasers' fees and expenses in Section 12 should be $37,000.

To respond to our offer, instruct your broker to tender your Units to Depository
Trust Company, or complete and return a Letter of Transmittal to the Purchasers.
As of the date hereof, a total of 18,497 Units have been tendered by securities
holders and not withdrawn. No other Units have been tendered to date.




Additional copies of the Letter of Transmittal and Offer documents may be
obtained free of charge by contacting the Purchasers at the number below, or at
our website, www.mpfi.com (click on MPF Tenders), or from the Securities
Exchange Commission website at www.sec.gov. If you elect to tender your Units
with a Letter of Transmittal, fax a duly completed and executed copy of the
Letter of Transmittal, and any other documents required by the Letter of
Transmittal, to the Purchasers at:

                        MacKenzie Patterson Fuller, Inc.,
                               1640 School Street
                            Moraga, California 94556
                            Facsimile: (925) 631-9119
                             Email: offers@mpfi.com

If you have any questions or need assistance, please call the Purchasers at
(800) 854-8357. This Offer expires (unless extended) June 10, 2005.