Saturday, May 18, 2019

Daytona Beach Property Investment From $25,000 | 8% Returns Per Annum...

To Unsubscribe Click Here

Multifamily Housing Investment - 8% returns per annum projected

 

 

DAYTONA BEACH, FLORIDA
PORTFOLIO

 

The Daytona Beach, FL, Portfolio includes two adjacent communities, a total of 384 units, now operating as Forest Lake Apartments. Built in the mid-80s and well-maintained, these properties offer an exciting investment opportunity for cash flow and capital appreciation.

This portfolio was acquired in September of 2018 at $96,354 a unit, which is well below replacement cost. The intent is to increase revenues through a moderate value-add program and to take advantage of property management efficiencies as the Sponsor, Lloyd Jones, currently owns and operates three other properties within a four-mile radius.

The portfolio is located near the intersection of Interstate 95 and Interstate 4 putting the major cities of Orlando and Jacksonville within an hours drive. Surrounded by retail, dining, and commercial activity, the property has easy access to Daytona International Airport, Daytona International Speedway, and the famous Florida beaches.

 
    MORE INFO    

 

 

 

 

INVESTMENT HIGHLIGHTS

   
  Experienced Sponsor/Partner backed by forty years in the multifamily real estate industry and $750 million in investment and development projects.  
  Unique opportunity for individual investors to participate in an institutional-quality multifamily investment.  
  $25,000 minimum investment  
  8% projected annual return  
  High-potential asset in one of fastest-growing cities in U.S.  
  Excellent opportunity to increase revenues through moderate renovations and to reduce expenses through professional property management.  
  Capital appreciation due to acquisition below replacement cost.  
  Management efficiencies as result of Sponsor’s ownership and management of 876 units within a four-mile radius  
  Real estate investment protects against inflation and stock market volatility.  
    MORE INFO    



About Lloyd Jones LLC

 

Lloyd Jones is a real estate investment and development firm that specializes in multifamily and senior housing. With 40 years of experience in the industry, the firm invests in, develops, improves, and operates multifamily communities throughout Florida, Texas, and the Southeast.

Based in Miami, the firm has acquired more than $500 million in multifamily assets over the past decade. Its current inventory includes approximately 5000 units in 24 communities.

 
    MORE INFO    

 

DISCLAIMER:

*This Investment Brief is presented for informational purposes only. This Brief is not an offer to sell interests in a security. Offers to sell an investment in the property can only be made to a qualified purchaser by the delivery of a Private Placement Memorandum accompanied by a Subscription Document Booklet. The information in this Investment Brief was obtained from sources deemed reliable; however, the information is preliminary and has not been independently verified by Lloyd Jones, LLC. Lloyd Jones, LLC does not make any representation or warranty as to its accuracy or completeness. Proforma IRR, cash on cash returns, debt, and other projections are initial estimates.

o

No comments:

Post a Comment