29 unit 9 cap

Caleb West

Multi Family Commercial|Collaborative Office|
Registered
We’re putting another US Limited Partnership, we have a deep team both here in Canada and most importantly our “boots on the ground” team in Illinois.

29 units
Separately metered units for gas and power
100% occupied now and has a great history of high vacancy year over year.
9% cap rate
5 year investment term
16-20% annual return

Exit options in year 5 IMG_3373.jpgIMG_3369.jpgIMG_3371.jpgIMG_3372.jpg
a) I buy you out
b) we sell
c) you reinvest and pull some equity out



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NIGEL

New Forum Member
REIN Member
I am interested. Who from REIN is in this deal?
It this an equity position or is it a debt position I would have? What is the amount of investment, and total value of project. Do you have cash flow projection statement to show your due diligence on this property. Do you own this already? What is the legal structure of this project that I would be protected. Have you data on the area of the building? Are you doing changes to property to increase value.
Let me know some of this information and if it looks favourable we can proceed further.
Thx
Nigel
Nigelchivers@gmail.com
 

Caleb West

Multi Family Commercial|Collaborative Office|
Registered
Hi Nigel

We don’t disclose who is involved to respect the privacy of our investors. We are 45% funded , and we have 2 Rein members involved.
We have an investors proposal we can send out to you and I’ll shoot you an email and we can line up a conversation and go from there



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