Summary
Future RE Capital Management (the Company) is pleased to exclusively invite potential partners to this exciting opportunity. Four (4) residential rental properties located in Baltimore, MD. The properties are located within close proximity to restaurants, shops and public transportation and have been strategically targeted by Future RE Capital Management for the purpose of purchase, renovation and long-term leasing.
Each unit will be updated beyond the market expectations, and leased to voucher and/or market tenants. The design and finishes will be top-notch for the industry and for the market. These units will be in high demand with long waiting lists for every lease turnover. The asset will consistently stay fully occupied and show actual vacancy percentages below 5% on an annual basis. Future RE Capital Management is an experienced operator with over $30M in assets under management. This is an opportunity to offer a cash injection into a high performing, high-yield, cash flowing, extremely well maintained and managed asset with a double digit leveraged return with tremendous upside.
425 S. Vincent Street, Baltimore, MD 21223
Repairs: $25,000.00
1733 McKean Avenue, Baltimore, MD 21217
Repairs: $55,000.00
1827 Eagle Street, Baltimore, MD 21223
Repairs: $20,000.00
1829 Eagle Street, Baltimore, MD 21223
Repairs: $25,000.00
No. of Properties:
Four (4)
No. of Beds:
Eight (8)
No. of Baths:
Four (4)
Total Sq Ft:
3,860
Renovation Amount:
$125,000.00
Total Monthly Rent:
$4,800.00
Total Annual Rent:
$57,600.00
Cap Rate:
11-13%
"As-is" Value:
$400,000.00
After Repair Value:
$580,000.00
Market:
Baltimore, MD
Sponsor:
MD-IV SPE, LLC
Share Type:
Membership Interest
Available Shares:
125,000
Share Price:
$1.00 per share
Minimum Amount:
$5,000.00
Total Raise Amount:
$125,000.00
Minimum Term:
6 Months
Return on Investment:
16%
IRR:
7.7%
Intermediary %:
4-6%
SPE Position:
Second Lien
12,500 shares of the SPE (special purpose entity) membership represent 100% of the company. 500 share or $5,000 minimum. 16% simple interest return of $5,800 in 6 months. MD-IV SPE, LLC. is the second position lienholder on all four (4) properties. MD-IV SPE, LLC is a subsidiary of Future RE Capital Management.
Overview
MD-IV SPE, LLC., a subsidiary of Future RE Capital Management, is seeking to raise $125,000. The funds will be used to:
- A. Renovate all assets (as needed)
- B. Lease all units to make the asset 100% stabilized
- C. Refinance the assets
Construction and renovation of the asset will be done by Simple Solutions. A licensed contractor in the state of Maryland.
Property leasing and management will be done by The Company’s management team, Realtypark Management.
Permanent financing and long-term loan procurement will be done by Apex Mortgage and Faco Lending.
Investment and Return
$5,000 Minimum (500 shares)
16% Guaranteed Return
6-Month Term
Monthly Distribution
$5,800.00 Total Return in 6 months
This presentation is being furnished by or on behalf of Future RE Capital Management (“The Purchasing Entity”) on a confidential basis to the recipient solely for the limited purpose of providing certain general information about The Company’s business, operational capabilities and this exclusive opportunity. The information contained in this presentation is not, and may not be relied on in any manner, as legal, tax, investment, accounting or other advice or as an offer to sell or a solicitation of an offer to buy or invest in any opportunity or account that may be offered by The Company or any of its affiliates. All materials and information received or derived from Future RE Capital Management its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty as to completeness, veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party’s intended use or any and all other matters. Neither Future RE Capital Management its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters of significance to such party. Future RE Capital Management will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing. Any additional information will be due upon request.
Future RE Capital Management
3604 Eastern Avenue, Baltimore, MD 21224
(888) 917-1099 Office