JV/Capital Partner Needed (Equity Amount $975K)

[Corey Walz]

I am looking for a Joint Venture Partner for a currently cash flowing Medical Office Investment in the Savannah, GA MSA. All Due Diligence is completed and the loan is in place. The last piece needed is an equity partner that can place capital immediately. The capital amount needed is $975K. The Joint Venture Partner will hold the entire preferred equity position in addition to a percentage of the GP equity. I will be the entity carrying the debt. The JV Partner will not be exposed to that risk. Below are the potential/expected returns, and more information can be provided via email.

Investment Return Overview:

• Expected Preferred Return: 8%
• Distribution Schedule: Quarterly Payment
• Cash-on-Cash Year-1: 8.08% (growing annually with scheduled rent increases)
• Expected IRR: 13.4%
• Expected Return on Equity: 152.4% (1.524 multiplier)
• Expected Hold Period: 5-Years

Serious inquiries only. Please contact me at [email protected] or 872.231.2314.

http://www.walzcapital.com/