Our projects
Purchase Price: 270k
A 27 Bed Personal Care Home, 14 bedrooms, 6 bathrooms. Fully licensed and staffed facility. Senior living asset which is recession resistant. Project is under Lotus Personal Care Homes
Lotus at Bridgeville (Pittsburgh, PA) Personal Care Home- Pending
Purchase Price: 160k
It is a motel style 8 one bedroom apartment multifamily building. Rents are at $275 a door and we intend to renovate and increase rents to $800 which will increase the value to sell. Project is under Lotus Capital
Albany GA 8-Plex
Purchase Price: 216k
Cash Invested: $40,000
NOI: $47,800
CoC Return: 119.50%
Equity 134k
It is a 7 bedroom 3 bathroom home on half an acre. The asset was positioned as a room rental house to increase returns. Fully renovated and furnished. Sold half of asset to strategic operational partner who covered renovation costs and will manage this property.
Brooksville Rooming House
Purchase Price: 283k
Cash Invested: $12,000
NOI: $39,600
CoC Return: 165%
Equity 117k
It is a 4 bedroom 2 bathroom house rented out by the room. It is located in the National Historic Landmark District of Ybor which is a highly appreciating area of Tampa Bay. It is situated close to downtown with a central location.