2675 Palm Avenue, San Diego, CA 92154
36 Units | Palm City
2675 Palm Avenue is an undeveloped lot in Palm City, minutes from Imperial Beach and Coronado.
The lot can accommodate 36 units that are fully entitled. There is a $50,000 minimum investment, and a two-year hold time.
The project is anticipated to produce a net operating income (NOI) of $604,800, an exit of $12M, with an anticipated 61.8% ROI for investors.
This information is for illustration and discussion purposes only. It is not intended to be, nor should it be construed or used as investment, tax, or financial advice, any recommendation, or an offer to sell, or a solicitation of any offer to buy, an interest in any security, including an interest in this company. Any offer or solicitation of an investment may be made only by confidential offering documents (collectively, the "Offering Documents") to accredited and/or sophisticated investors. Prospective investors should review carefully and rely solely on the Offering Documents in making any investment decision. Targeted returns discussed in this presentation are used for measurement or comparison purposes and only as a guideline for prospective investors, shareholders or other to evaluate this opportunity. Targeted returns should be evaluated over the time period indicated and not over shorter periods. No representation is made that the project will or is likely to achieve its objectives, that the business plan will be successful, or that an investor in the project, and its affiliates will or is likely to achieve results comparable to those shown or will make any profit or will not suffer losses or loss of principal. An investment in this project involves risks, as disclosed in any final offering docs.
THIS PRESENTATION INCLUDES OR MAY INCLUDE CERTAIN STATEMENTS, ESTIMATES, AND FORWARD-LOOKING PROJECTIONS WITH RESPECT TO THE ANTICIPATED FUTURE PERFORMANCE OF THE COMPANY. SUCH STATEMENTS, ESTIMATES, AND FORWARD-LOOKING PROJECTIONS REFLECT VARIOUS ASSUMPTIONS OF THE MANAGER THAT MAY OR MAY NOT PROVE TO BE CORRECT OR THAT MAY INVOLVE VARIOUS UNCERTAINTIES. NO REPRESENTATION IS MADE, AND NO ASSURANCE CAN BE GIVEN, THAT THE COMPANY CAN OR WILL ATTAIN THE MANAGER'S PROJECTED RESULTS. ACTUAL RESULTS MAY VARY, PERHAPS MATERIALLY, FROM SUCH PROJECTIONS.
Any statements made in this presentation are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
All investments, including real estate, is speculative in nature and involves a risk of loss. We encourage any investors to invest carefully. We also encourage investors to get personal advice from your professional investment advisor, CPA or other trusted financial advisor and to make independent investigations before acting.
IT IS IMPORTANT YOU UNDERSTAND THAT WHILE WE ARE PROVIDING PROJECTIONS BASED ON THE FACTS AND FIGURES AVAILABLE, NO ONE CAN TRULY PREDICT THE FUTURE.
2675 Palm Ave
By recycling the same model, we can expedite the drafting/engineering permit process by nearly half the time. We have multiple sets of plans that stack; one example is below
This floor plan consists of four units. Stackable up to 3 stories, it can have a total of 12 units. It uses the same design, while still providing a quality standard of living for the tenants and neighborhood.
Purchase:
$889,000 (July ‘21)
Existing Units
2 Units Added
2 Sale
$3.2M (July ‘23)
Hold Time 24 months
