MRSC CO ASPEN HOUSE DST

3599

Property ID

Description

  • Ownership Entity: MRSC CO Aspen House DST
  • Managing Broker-Dealer: Orchard Securities, LLC
  • Offering Structure: DST (for 1031 exchanges)
  • Offering Size: $10,000,000
  • Minimum 1031 Investment: $100,000
  • Minimum Cash Investment: $50,000
  • Who May Invest: Accredited Investors as set forth in the Memorandum
  • Real Estate Purchase Price: $8,437,500 (Appraised: $8,400,000 as of May 18, 2017)
  • Combined Price Per Licensed Bed: $105,468 (before offering costs and reserves)
  • Loaded Purchase Price (Including $625,625 of Reserves): $10,750,000
  • Nonrecourse Loans: $750,000 (7% I/O)
  • Loans to Loaded Purchase Price[LTV]: 6.98%
  • Target Yield on Master Lease Payments: 6.5% to 6.76% (Increases every two years during the lease term)
  • Expected Distribution Payment Schedule: Monthly
  • Exit Strategy: Sell the Property in 5 years

2212 & 2224 East 11th Street Loveland, Colorado 80537

  • 2 buildings | 40 units | 80 licensed beds
  • Constructed: 2010 – 2015
  • Location: Fort Collins, CO MSA

ABOUT MADISON REALTY

Madison Realty Companies is a full service real estate investment management company. Collectively, its management team has over 150 years of real estate experience. For over 25 years, Madison and its affiliates have purchased, managed, and disposed of over $1 billion in commercial real estate including multifamily, industrial, self-storage, assisted living, senior apartments, skilled nursing, and single-family homes. Across all property types, Madison’s primary focus has been on acquiring cash flowing assets with potential value-add upside for its clients.

More detail available  http://1031sponsors.com/senior-housing-dst-properties-list/mrsc-co-aspen-house-dst/

Address

Address: 2212 & 2224 East 11th Street Loveland, Colorado 80537
  • City / Town: Colorado
  • Postal code / ZIP: 80537
  • Property ID 3599
  • Price $10,000,000
  • Property Type Senior Housing
  • Property status For Sale
  • Label Updated

Contact

Lisa Taylor

Property Seller
888-876-6005
sale@1031sponsors.com
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