Freeport NY existing 3 story structure 120 units being converted to 5 story 150 unit structure. Property is currently gutted to the studs & construction on top of will be starting soon. Town is on board with economic incentives. $18m raised owner looking for another $6m in any increments. 21% projected annual cash on cash, 8% preferred return & 16.5% target IRR. Setup & videos available for qualified investors
Freeport NY existing 3 story structure 120 units being converted to 5 story 150 unit structure. Property is currently gutted to the studs & construction on top of will be starting soon. Town is on board with economic incentives. $18m raised owner looking for another $6m in any increments. 21% projected annual cash on cash, 8% preferred return & 16.5% target IRR. Setup & videos available for qualified investors