Investor Update: VILLA VIRTUOSO - 32 Unit Apartment Building Investment Offering.
  
There are still a few Investment spots left!
Our "Villa Virtuoso" Investment Offering for our brand new construction Apartment Building is now over 90% funded!
This Offering is fully "RRSP and TFSA Eligible"!, and open for "One on One Investor Presentations" and "investment".
The remainder of this Investment offering's "Funding" stage is set to close November 30 so if your interested let me know and we'll save you a placeholder.
We're currently conducting Pro Forma Zoom Video Presentations, email me or click the Comment button below to receive a copy of our "Villa Virtuoso Pro Forma Investment Binder" and to schedule a personal zoom video presentation.
This offering comes in the form of fully BCSC compliant Subscription and Shareholder Agreements.
This Project, "VILLA VIRTUOSO'', is Rezoning approved, the Construction Loan is in place, and the Site will be turned over to the contractor BMP Construction Management November 05.
We're currently in the Development Permit process which we'll have completed by end of November followed by Building Permit issuance and begin Construction Winter/Spring of 2020/2021.
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, and much more.
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 $3.2 Million. We have $3 Million committed to date so contact me ASAP to secure a placement.
Upcoming Events
For world class FREE Real Estate investing education Click here to Join me at the next SYNERGY REN Monthly Meetup: Wednesday, November 25, 2020
6:30 PM to 8:30 PM PDT. Every last Wednesday of each month.
Other News to Investors;
NEW PROJECTS
COVID 19 is starting to produce deals, we're now working on 2 offers of single family homes to create our next Parcel of Assembled Land for our next New Build Apartment Building.
We currently have 3 adjoining lots, these next 2 lots will create the 5 lot Parcel that will become our Next Apartment Building Project with our target being to start the rezoning and land consolidation process spring 2021.
PAST PERFORMANCE
Despite COVID-19 Lockdowns our Multi Family / Apartment Buildings continue to capture 99% of rents and hold their value even as other Real Estate Asset Classes are exposes to substantial devaluations.
Values are holding due to the Federal and Provincial Governments CERB, CRAP and other financial Relief initiatives. Through these programs tenants are being provided enough relief funds to pay rent, so glad I "Only Invest in Apartment Buildings".
Virtuoso Executive Office Suites - Purchased August 2020 for $450,000. We've currently invested $35,000 to Reno/Convert this under performing property into a 10 Unit "Professional Building" leasing to Lawyers, Notaries, Paralegals, Real Estate Agents, Mortgage Brokers etc. which will increase the value of this property to $1.9 Million and to offer "Virtual Office Reception" as an Add On the the Physical Office Spaces which will increase the Property's Values well beyond the $1.9 Million target.
Deauville Apartments - Purchased in 2015 for $1.777 Million, current value is in excess of $3.2 Million.
Walkerville Court Apartments - Purchased in 2012 for $1.977 Million, current value is in excess of $3.45 Million.
Helen Terrace Townhomes - Purchased in 2011 for $50,000 per unit, these 3 story, 3 bedroom Townhomes are currently values at $130,000 per unit.
Aaron Apartments - 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.
Enjoy, Rick G. :-)
|