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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:

$1,800,000

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
Sq Ft

Price per Sq Ft
Building Cost

Total Hard Cost
Bank Interest
Pre Construction Cost

Total Cost
$1,700,000
6,500
$550
$3,575,000

$5,275,000
$519,088
$100,000

$5,894,000

Equity
and Debt

LP Share Holders (50 Shares @ 50K each)
Debt
Value after Completion
Loan to Value
LP Equity at Building Completion
LP Return on Cash at Building Completion
$2,500,000
$3,394,000
$9,000,000
37%
$3,885,000
$1.55

Inquire Today

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