Johnscreekcapital

Passive Mobile Home Parks Investment Opportunity

Valley View Mobile Home Park Velva, ND

TARGETED IRR

12% - 15%

TARGETED EQUITY MULTIPLE

1.3x - 1.5x

NO. OF LOTS

32

TARGETED HOLD TIME

3 - 7 Years

EXECUTIVE SUMMARY

Valley View Mobile Home Park consists of 32 lots located in Velva, ND. Twenty-two of the lots are occupied with tenant-owned homes. Velva is part of the Minot, ND MSA which has a population of over 76,000.

The Minot Air Force Base is the largest employer in the Minot area with 7,500 employees followed by Trinity Health. Of the top 14 employers, three are government related, three provide social service assistance, two provide medical/ health care services, and two are in Hospitality.

Minot's MSA population grew by 18.3% in the decade ending in 2020.

Schedule of the Investor’s Return on Capital

First : 100% to Investors until an 8% preferred return is achieved

Second : After an 8% preferred return is achieved, then 70% to Investors and 30% to Sponsor

Third : After a 12% return is achieved, then 60% to Investors and 40% to Sponsor

Fourth : After a 16% return is achieved, then 50% to Investors and 50% to Sponsor

Ready to invest?

Click below to submit your soft reserve We are excited about this opportunity and look forward to partnering with you to meet your investing goals!

Why You Will Love This Market

Investing in multifamily real estate is a proven way to create tax-advantaged passive income streams and build generational wealth. Multifamily real estate provides consistent returns that largely outperform other asset classes.

Value-add opportunities consisting of cosmetic upgrades and periodic rent increases.

100% tenant-owned homes.

City water and sewer.

Growing economy and solid employment base

SCHEDULE A FREE STRATEGY CALL

Are you Interested?

If you’re interested in investing with us in this deal, we invite you to reserve your spot now as we anticipate this offering filling up FAST.

OUR TEAM

CHARLOTTE DUNFORD

Managing Partner

RICK KLOPP

Managing Partner

STEVE TAYLOR

Value-add Coordinator

SARA MARIE ROBINSON

Compliance Officer

Want to discuss more? Book a call now.

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