ROI
- Colorado Commons
- Nampa, Idaho
- Capital Raise of $1,500,000
- Objective: Appreciation
We purchased the land for $195,000 in 2016 and began development of a 36 unit multi-family complex in 2018 after our entitlement process. The development costs were $4,815,000 with a sale price of $7,300,000 in 2020. Upon exiting the deal investors received a 39% ROI (20% IRR).
- Franklin Industrial
- Meridian, Idaho
- Capital Raise of $950,000
- Objective: 10 year hold, cash flow, appreciation, tax advantaged
This land is located in a Qualified Opportunity Zone QOZ). With the Tax Cuts and Jobs Act of 2017 any form of capital gains could be invested in a Qualified Opportunity Fund (QOF) deferring tax due until 2027, and exiting after a 10 year holding period capital gains free. We developed this industrial flex space for $3,629,000 between 2020 and sold in 2022 for $5,700,000, netting our investors a 104% ROI (52% IRR) Because our investors were held in a QOF we were able to exit that property before the 10 years and acquire a new property located in another QOZ – our North Cole Rd project!
- North Cole Road
- Boise, Idaho
- Capital Raise of $2,363,000
- Objective - cash flow, appreciation, development, tax advantaged
This property is an industrial flex space located in a QOZ with 100% occupancy. Acquired in 2022 for $5,500, this property was cash flowing 7% to our investors from day 1 providing a $100K investment $7K annually. The unique thing about this property is the business plan of removing the existing structure after the entitlement process and developing a 200 unit Class A multi-family complex providing massive cash flow and appreciation while deferring capital gains and exiting capital gains free after the 10 year hold!
- Airport Plaza
- Boise, Idaho
- Capital raise of $3,193,000
- Objective- cash flow and tax advantages
We acquired Airport Plaza in 2020 with a business plan of holding for 5 years. This commercial office space was developed in 1980, with solid bones and a great location. This value add project is cash flowing, and gaining massive appreciation with the remodel. In addition, investors were able to take advantage of 69% bonus depreciation, meaning with a $100K investment they received $69,000 passive loss to use against passive income with the IRS! Investors will receive an 8% annual cash flow upon stabilization. With a projected sales price of $10,211,000 we are targeting an investor IRR of 20% upon exit
