דוגמה לנכס להשקעה: 2 בניינים, 25 יחידות דיור
1025 Covington Dr, Detroit, MI 48203, USA
24 units over 2 buildings
Covington townhouses LLC is currently seeking a Limited Partner (LP) to invest into the
Covington Townhomes which is located in Detroit, Michigan. The property is currently 80% occupied with 24 units over 2 buildings.
This value-add investment presents an opportunity to acquire, rehab, and lease-up the building over 24 months. Once stabilized the asset is projected to have a rental yield of 18% and upon disposition a project yield of 30% over 2 years.
Cash Distributions Cash distributions from rental operations, and exit strategy based on the following structure:
* 8% from NOI to investors
* 50/50 split rental cash flow above 8%
* 50/50 split equity from exit profits
|3,000||llc and contract|
|76,500||Total closing expensses|
|1,350,000||Projected sale price|
|24 months||Project time|