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Property

Property

Property

Property

Property

6552 Woodman, Van Nuys, CA 91401

$2,000,000 LOGIN TO SAVE

6552 Woodman, Van Nuys, CA 91401
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    Description


    Senior Affordable Housing Development Equity Partnership for $2,000,000 or Outright Purchase for $3,500,000 HiLine, on behalf of Evexia Group, Inc., is offering a 46-unit senior affordable housing development opportunity located in Van Nuys, CA. Interested parties may participate through either a 50% equity partnership or an outright acquisition. The Project consists of 100% one-bedroom, ADA-compliant senior units (age 62+) and benefits from government-supported rental income (HUD & Section 8) as well as Executive Directive 1 (ED-1), materially reducing entitlement timelines and development risk. OPTION 1 50% EQUITY PARTNERSHIP Equity Offered: 50% ownership interest Total Equity Raise: $2,000,000 Minimum Investment: $100,000 Investment Horizon: Approximately 36 months Investor Returns: 100% return of invested capital + $1,000,000 guaranteed return on the $2,000,000 equity raise Total target investor payout: $3,000,000 Implied annualized return: ~16.66% Annual return Returns may increase based on final sales price and net project performance. OPTION 2 OUTRIGHT PURCHASE Purchase Price: $3,500,000 Opportunity to acquire the Project outright and control all future development, financing, and exit strategy. PROJECT OVERVIEW 46-unit senior affordable housing development 100% one-bedroom units Strong unmet demand / near-zero absorption risk Government-supported income stream Clear institutional exit strategy upon stabilization This opportunity is well suited for investors seeking capital protection, defined returns, or full ownership of a mission-critical senior housing develop

    Features

    ​​​​​​​

    Gerri-Lynn Fives

    Real Estate Agent
    Address:
    1111 Prospect St
    La Jolla, CA 92037
    Mobile:
    619-813-7193
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    Contact

    Gerri-Lynn Fives

    Gerri-Lynn Fives

    Do you have questions? We look forward to hearing from you. Contact Gerri-Lynn at 619-813-7193. To know more about Gerri-Lynn Fives, Click the button below to get the full information you need.

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    Information

    1111 Prospect St
    La Jolla, CA 92037

    619-813-7193
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    DRE# 01264757

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    Pacific Sothebys
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2016 Sandicor®, Inc.

    2017 © Gerri-Lynn Fives Pacific Sotheby's International Realty - ALL RIGHTS RESERVED - POWERED BY powered by Roya.com

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