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Berkeley Assisted Living
Data by Year: 2022
Quarterly Dividend Amount*: 2019
* on $100,000 investment:
Property Status:
Financial Data
Close Date: 09-Jan-2019
Exit Date: N/A
Purchase Price + Cap Ex: $9,000,000
Raise Amount: $5,600,000
Minimum Investment: $50,000
Projected Hold Period: 1.5 - 2 years
Actual Hold Period: 3
Preferred Return: 0 %
Projected Avg Annual Return: N/A
Actual Avg Annual Return: 10.32
Projected IRR: 19 - 26 %
Actual IRR: 9.6
Loan Amount: $5,550,000
Loan Rate: 6 %
Property Facts
Property Type: Assisted Living / Land Entitlement
Year Built: 2021
Building Size: N/A
Lot Size: 1 Acres
Number of Buildings: 6
Number of Tenants: 24
Notes:
Existing 6 income producing buildings on lot to be entitled as an assisted living facility