1 / 15

Investment Property Opportunity

Investment Property Opportunity. An Incredible Opportunity…. PROPERTY FREE & CLEAR OF DEBT. The Shoppes at County Line. PURCHASE AT WELL BELOW REPLACEMENT COST. STRONG RETAIL FUNDAMENTALS. CASH FLOW WALKING INTO DEAL. Indianapolis, IN. Property Description.

chase
Download Presentation

Investment Property Opportunity

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Investment Property Opportunity

  2. An Incredible Opportunity… PROPERTY FREE & CLEAR OF DEBT • The Shoppes at County Line PURCHASE AT WELL BELOW REPLACEMENT COST STRONG RETAIL FUNDAMENTALS CASH FLOW WALKING INTO DEAL Indianapolis, IN

  3. Property Description The Shopping Centre is a 268,411 square feet commercial property on 20 acres.The property is located in Indianapolis, USA,, at the northeast corner of U.S. Route 31 and County Line Road, approximately 10 miles from Downtown Indianapolis and 17 miles from Indianapolis International Airport on an approximately 20-acre site. The property is located within one of Indiana's strong retail corridors, and is adjacent to the 1.1 million square feet Greenwood Park Mall, in Indianapolis, Indiana. The property has strong retail fundamentals with Value-Add opportunities. There is great upside in filling vacancies and renewing leases. The property offers Long-Term Investment Potential with Upside Potential in Leasing Vacancy. The Shopping Centre offers a great opportunity for a creative investor seeking value in a strong rental market.

  4. The Shopping Centre is located one of the Strongest Retail Corridors of Indiana, where the Average Occupancy in the Retail Area is 93.5%. The population of the metropolitan statistical area  was 1,756,241 according to the 2010 Census, making it the 34th-largest in the United States. The 2010 population of the Indianapolis combined statistical area, a larger trade area, was 2,080,782, the 23rd-largest in the country. Renters are also drawn to service the major employers housed in Indianapolis, the Forbes 1000 companies WellPoint (#33), Eli Lilly and Company (#133), Conseco (#503), Brightpoint (#527), Simon Property Group (#585) and Calumet Specialty Products (#996) – in addition to Ford Motor Co., Federal Express and others. Renter Pool

  5. Indianapolis is the capital city of the state of Indiana. As of the 2010 census, the city's population is 829,718. It is the twelfth largest city in the United States, and one of the fastest growing metropolitan areas in the United States. • Historically, Indianapolis has oriented itself around government and industry, particularly manufacturing.  Over the late decades of the 20th century, the city's Unigov  began a long process to revitalize the downtown area. Today, Indianapolis has a much more diversified economy, contributing to the fields of education, health care, and finance. • Tourism is also a vital part of the economy of Indianapolis, and the city plays host to numerous conventions and sporting events. Local Demographics

  6. The property has a strong array of National • Tenants. Some of the Major Tenants are: • Old Time Pottery, Inc. (101,889 square feet). • America’s Incredible Pizza Company • (52,337 square feet). • Office Max 32,208 square feet). • Hancock Fabrics, Inc. (14,907 square feet). • Planet Fitness (14,055 square feet). National Tenants

  7. Current Numbers & Proforma

  8. Projections

  9. Management Plan It is proposed that InpinderrNirh, founder of IPS Ventures, will contribute his full time and management experience in sweat equity, by way of relocating to Indianapolis, to bring the occupancy up to 90%, dramatically increasing the cash flow by personally overseeing the operations. On achieving a comfortable level of occupancy, the management will be handed over to a reputed & experienced property management firm for onward management under the direct supervision of InpinderrNirh. IPS Ventures intends to maintain an extensive marketing campaign that will ensure maximum visibility for the business in its targeted market.

  10. Management intends to use qualified real estate brokers and agents to assist placement of tenants for the property. Additionally, the Company will use print and media advertising to showcase the available units that the Company is offering. The internet has become a very popular platform for property sellers, real estate brokers, and real estate developers to showcase their properties to the general public. Management intends to use the full marketing capability of electronic advertising to generate sales among the Company’s available vacant units. The Company will use major internet real estate databases such as loopnet.com and the multiple listing services (MLS) to bring the Company’s yet to be rented units to the attention of prospective real estate agents. In conclusion, Management feels that by concurrently developing the Company’s own marketing campaigns with those of the brokerage/property management firm, the business will be able to rent its units within two to four months to bring up to a 90% occupancy.

  11. The total investment in the property is $15 million, of which 80% is expected to be LTV loan from a financial institution/ban, and the other 20% comes from the investor as down payment.Commercial-commercial loans fall under the 80% to 85% conventional loan category but it's possible to get an SBA loan for a 90% LTV, low 4% interest rate on a 25-year fixed, and you need NO occupancy requirements to meet for this type of loan. Asking Price: $16,250,000 Offering Price: $14,500,000 Price/SF: $54.02 Taxes: $542,255 - 2012 Down Payment: $2,900,000 - Investor Soft/Closing Costs: $500,000 - Investor Loan from Bank: $11,600,000 The initial investment by the investor of $3,400,000, by way of down payment and soft/closing costs, getting a 75% stake in the business, is returned to the investor within 3 years on refinancing the property. In the meantime, the investor earns a return of $513,000 in the first year, which is an incredible 15% Return on Investment, and $2.4 million in 3 years, making a whopping 70% ROI! In addition, the increase in equity is an added bonus. Investment

  12. Incredible investment opportunity with a 268,411 square feet Shopping Center with a strong array of National Tenants. The property is located within one of Indiana's strong retail corridors, and is adjacent to the 1.1 million square feet Greenwood Park Mall, in Indianapolis, Indiana.  The property is 75% occupied and has a cash flow walking into the deal. As a businessman with a strong management background, I will relocate to Indianapolis to bring the occupancy up to 90% within 90 to 120 days, dramatically increasing the cash flow by personally overseeing all operations. Any investor looking to put $3,000,000 as a 20% down payment can see returns of a generous 15% CAP rate with a $57,000 monthly cash flow and gained equity in 3 years of a minimum of $10,000,000. Total estimated profits from this investment in 36 short months exceed $9 million plus getting your initial $3,000,000 investment back since you are getting a 75% stake in the deal for putting up your cash! Summary

  13. An Excellent Opportunity That Won’t Last Long!!!!

More Related