Real Estate Investment in the Valley of the Sun.
The Valley of the Sun offering was a tax-efficient real estate investment capitalizing on the real estate downturn of Greater Phoenix, Maricopa County, Arizona. The offering was too acquire, tenant and manage a diversified portfolio of existing high-quality, residential properties as income producing real estate for long-term investment. It is expected that the portfolio will be primarily single-family homes, however, multi-unit properties that meet our stringent acquisition criteria will be considered.
The Valley of the Sun offering is backed by a diverse management team that brings hands-on real estate valuation, regulatory and structuring experience.
Investment Details
The real estate we have acquired has been approximately 28% below current MLS comparables on a mark-to-market basis.
Valley of the Sun’s average property purchase price is $89,142 where current MLS sales comparables in this same market are selling on average for $114,100. This is an average of over $24,900 in asset equity.
Our acquisition process and due diligence have passed the test. The asset equity and projected recovery of the Phoenix market are creating interest in this opportunity.
Find out more about how we are buying below current market value and the news coming from Phoenix about signs of market recovery, growing employment and demand for land.
Investment Benefits
- First security charge to fund (VOS)
- Distributions as cash permits
- Minimum 8% hurdle rate return
- Acquiring below replacement cost
- Purchases as of the end of Q1 2010 have been approximately 28% below current MLS comparables on a mark-to market basis.
- Strong demand for housing rentals
- Fundamentals indicating market stabilization
This Subscription is Closed.
CBI Group Investors can inquire about this project by contact investor relations email:ir@cbigroupinvestments.com
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