Investor needed-Multi Unit Development-Near Major Mo.University

Investor of $450-600K needed for construction of Multi Unit Student Housing project in Columbia,Mo-1 block from Missouri University.  The project is designed for 34 beds, 4 story complex, …

Investor of $450-600K needed for construction of Multi Unit Student Housing project in Columbia,Mo-1 block from Missouri University.  The project is designed for 34 beds, 4 story complex, with the ability to add more units and go up 2 more levels and have retail on the 1st floor also possible.

Student housing in the area stays 100% rented with a 1 year waitng list and rents for $800-1300 per bed per month.The ability to make incomer greater than most large aptmnt complexes is here.

Project has a 13.8% cap rate,a 22% ROI,debt service of 1.82 over 20 years.Looking for invest to match equity in land $450-600K.Principal involved owns the land,has design drawings sone,zoning requiremnts in place,ready to pull the permits and build.Projected income of $375K per year.

Owner would like to obtain partner and/or financing within the next 30 days -by 5/15/13!

Claim up to $26,000 per W2 Employee

  • Billions of dollars in funding available
  • Funds are available to U.S. Businesses NOW
  • This is not a loan. These tax credits do not need to be repaid
The ERC Program is currently open, but has been amended in the past. We recommend you claim yours before anything changes.

Owner is also a 20+ year Real estate investor,has been RE broker for 12 years,and has owned a successful Heating and Air company for the past 13 years.

          If you are interested in this opportunity please notify me right away and I will relay all information to my Client.

 

                                                                                                                                                    Thank you and have a great day,

                                                                                                                                                                         Rob

 

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