Investor Update - VILLA VIRTUOSO Investment Offering and Past Performance.
In my August Newsletter I announced the opening of our much anticipated Investment Offering for our new Apartment building "VILLA VIRTUOSO"
We've been purchasing Land in a Medium to High Density zone on Vancouver Island in the Greater Victoria area for Development into Apartment Buildings.
This offering comes in the form of fully BCSC compliant Subscription and Shareholder Agreements.
This Project "VILLA VIRTUOSO'', is now in Rezoning and scheduled to be rezoned by December 01. Once rezoned we'll be submitting our Development Permit application, and then Building Permit application to follow, a process that's anticipated to take about 10 months.
We're offering investors who participate a 50% share in the profit on the project, including;
- Estimated return of 100% of your initial invested Capital in 3 years or less.
- Reinvestment of same capital into next project.
- Retain your % equity position for the lifetime of the project, 10 years or less.
- Monthly Cash Flow
Minimum Investment is $100,000
Contact me directly for details and we'll add you to our list of interested investors we're screening for suitability to invest.
Total offering for investor shares is currently $3.5 Million.
We have $1.25 Million committed to date so contact me ASAP to secure a placement.
Join me at the next SYNERGY REN Meetup; Wednesday October 30, 2019, 6:30 to 9 pm. If your new to Real Estate Investing this a great group that just shares investment education, no sales pressure her, just people sharing investing strategies and success stories.
Other News to Investors; PAST PERFORMANCE
Our Multi Family / Apartment Building values continue to increase as rent increases in our market.
Deauville Apartments
This property was purchased in 2015 for $1.777 Million, current value is in excess of $3.2 Million.
- Walkerville Court Apartments
This property was purchased in 2012 for $1.977 Million, current value is in excess of $3.45 Million.
- Helen Terrace Townhomes
These 3 story, 3 bedroom Townhomes where purchased in 2011 for $50,000 per unit, current market value is $130,000 per unit.
- Aaron Apartments
This property was purchased in 2011 for $245,000, current value is in excess of $600,000.
Contact me and I'll get you on track to profit like the investors in these projects.
Rick G.
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