Seeking capital.
Purchasing a portfolio of sober living group homes that will be leased to a local non-profit.
These homes generate rent 50-70% above market per property because residents are charged a rate per bed, though the lease is actually held by the non-profit, typically in minimum 2 year increments with backup provided by local housing authority as needed.
Excellent cash flow profile given rental rates and no management expenditure (the non-profit is the home manager). There are currently###-###-#### homes the organization is looking to partner with us on, and we're offering an 11% pref equity return for investors. Comment with email to learn more.
industry
Real Estate
Real Estate
location
Indiana, USA
Indiana, USA
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