investment project 4

investment fund Now open

We are now opening up for the 4th investment opportunity of 2019.

Investment goal: $ 500,000.00

 

Target purchase price  $ 1,500,000.00 - $ 2,200,000.00

 

Construction budget $ 500,000.00 - $1,200,000.00

 

Exit goal, based on local comps is min. a multiple of 1.7 of acquisition price and construction budget combined.

(e.g. $ 2.2 m acquisition + 1.2 m construction = $ 3.4m x  1.7 = sales price of $ 5.8 m)

Areas targeted: Brentwood, Beverly Hills, Bel Air, Malibu, Santa Monica, West LA, Culver city, Cheviot hills, Manhattan beach, Redondo Beach, Sherman oaks.

Proforma budget and investor break down available upon request.

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QUICK UPDATES

01

11   /   06   /   2023

Mountainfield development is excited to announce a partnership with BakerTilly to offer our international investors the best tax strategies and investment structure possible when investing with us.

02

11   /   06   /   2023

Elvill Dr. project almost ready for plan submittal, awaiting HOA approval and updated engineering. timelines will be posted under project when submitted to the building department.

03

11   /   06   /   2023

San Ysidro Drive Aka. Beverly Hills project. financial documents signed, deal expected to fund on 17th of June.

will then enter into design and engineering phase.

Timeline will be posted on project when escrow has closed.

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