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AT JORDANELLE

Target Capital Raise from Investors:
Development Opportunity:
Structure:
GP Contribution:
 
Minimum Commitment:
Estimated Hold Period:
Estimated Time To Return Capital:
Home Run:
Fees:

$2,500,000

Lot 508 1.21 acres of raw land on Marcella Golf Corse

Property Development, including Leasing, Financing, Construction Management, Property Management, and Sales

 

Build-To-Hold philosophy, while paying close attention to opportunistic liquidity event.

36-48 months. Refinance or sale

10%-15% (need to refine this)

3% Development Fee (Hard and Soft Costs, No Land)

Property/Asset Management Fee 3.5%

Cost of Construction

Land

$1,700,000

Sq Ft

6,500

Price/Sq Ft

$550

Building Cost

$3,575,000

Bank Interest

$519,088

Pre Construction Cost

$100,000

Total Hard Cost

$5,275,000

Total Cost

$5,894,000

Equity and Debt

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