Fletcher Cove Capital — Current Offerings

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Current Offerings

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Highlighted Offerings Frontier Fully entitled 21 single-family residences in St. George, Utah 8% preferred return, paid quarterly Anticipated 54% ROI

4800 LOFTS

371-UNIT MULTIFAMILY PROJECT MURRAY, UTAH

PROJECT INVESTMENT SUMMARY

2596 Chalcedony St, San Diego, CA 92109 126 Units | Pacific Beach

2596 Chalcedony St, San Diego, is located west of Interstate 5 in popular Pacific Beach, and offers excellent access to downtown and the north. With San Diego’s thriving economy, Chalcedony St presents high-value rental opportunities, making it a prime choice for those looking to invest in the city’s growth. The lots can accommodate 126 additional units that are fully entitled. With a two-year hold time, it is anticipated to produce a net operating income (NOI) of $2.9M, an exit of $73Mwith an anticipated 194% ROI for investors.

2596 Chalcedony St, Pacific Beach Fully entitled 126 units in San Diego Anticipated 125% ROI

4800 Lofts 371 units under construction in Murray, Utah | 9% preferred return, paid quarterly | Anticipated 23% annual return (IRR)

Next Level Offerings Next Level Capital 18 Month Debt Fund 12% interest paid semi-annually. 18 month hold time. First deed of trust.

IMH Offerings Boise Residential Portfolio 396-unit portfolio of single family homes and townhomes across 3 projects expected to be completed in 2–5 years | 9% preferred return, paid quarterly | Anticipated 21% annual return (IRR)

LAKESHORE LANDING

320-UNIT MULTIFAMILY PROJECT AMERICAN FORK, UTAH

Lakeshore Landing Fully entitled 320 units in American Fork, Utah | 9% preferred return, paid quarterly | Anticipated 19% annual return (IRR)

Fletcher Cove Offerings Greely Ave, San Diego, CA 92113 151 Units | Logan Heights

Greely Ave in Logan Heights is home to a series of parcels that are less than 3 miles from Downtown San Diego. Close to Interstate 5 and Highway 15, the project offers easy access to downtown, this location embraces San Diego’s dynamic economy. Discover high-value rental opportunities and be part of the city’s sustainable growth. The parcels can accommodate 151 additional units that are fully entitled. With a 30-month hold time, it is anticipated to produce a net operating income (NOI) of $2.56M, an exit of $50.7M with an anticipated 110% ROI for investors.

Greely Ave, Logan Heights Fully entitled 151 units in San Diego | Anticipated 82% ROI

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 74% ROI for investors.

2675 Palm Ave, Imperial Beach Fully entitled 36 units in San Diego Anticipated 74% ROI

PROJECT INVESTMENT SUMMARY

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Arioso Apartments 288-unit value-add opportunity in Grand Prairie (Dallas-Fort Worth), Texas | 9% preferred return, paid quarterly | Anticipated 19% annual return (IRR)

Ave, Encanto T ULeghorn O Fully entitled 76 units in San Diego D SOL

Leghorn Ave, San Diego, CA 92114 76 Units | Encanto

Leghorn Ave is in the Encanto neighborhood less than 10 miles from Downtown San Diego and near to the San Diego Naval Base. The thriving economy in San Diego has sparked a demand for high-value rental properties, such as those on Leghorn Ave. Join the city’s growth and seize this opportunity. The lot can accommodate 76 additional units that are fully entitled. With a three-year hold time, it is anticipated to produce a net operating income (NOI) of $1,340,640, an exit of $26.8M with an anticipated 119% ROI for investors.

Anticipated 119% ROI


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