Irena Sharman

Las Vegas, NV (USA)
Role(s):
Manager/Supervisor

sGates, LLC

Find More Startups Startup
Location: Las Vegas
Industry: Real Estate
Year Founded: 2005
Number Employees: 1-10 people
Business Stage: Mature
Entity Type: Limited Liability Company
Description: Acquisition in Commercial-Residential Sector, Client Relation, Management, Renovations. EQUITY PARTNER needed in purchase of MULTIFAMILY RE in TX– RETURN M I N I M U M 50% IN APR. 2 YEARS, plus INTEREST RATE (estimated return should be much higher if compare to hard money lender gains). Investment: $2 Mil to $5 Mil. If you want SAFELY INVEST your funds and/or credit in MULTIFAMILY Property in TX, please contact us for details. This is distressed multifamily property which have suffered from gross mismanagement and maintenance. As a result, those assets reach high vacancy ratios (50% to 80%) and don't qualify for most loans. Some of those properties are position in very attractive locations and presents high return on initial investment. O b j e c t i v e : [1] Acquisition of distress, but in many ways attractive asset. [2] Curing the vacancies with simultaneously performing needed renovations. [3] When the property will reach optimum performance level, with management in place, will be offer for sale. O u r O f f e r i n g : In propose partnership we will be responsible for securing needed funds for any renovations. Company managing partner/owner will be installed as a manager. The emphasis will be on increasing occupancy with aggressive proven techniques to rapidly increase the cash flow. We will adopt a role of general contractor in the process of any needed renovations to deliver a quality, efficiency and timely performance. Our involvement is back up with 16 years experience in different faces of RE, management and construction. Background: Civil Engineering and Accounting. Cooperating I n v e s t m e n t P a r t n e r Ne e d e d S t r e n g t h : Arranging needed loan for purchase. In early stage of operation, the property may not generate sufficient amount of cash flow, to cover all expenses and cost of the loan. Participating partner will be responsible for proper arrangements. * Invested capital by partners is subject of profit and loses of newly form partnership. S u m m a r y : Recently we evaluate very attractive asset offer with 3% cap rate and with just few changes arrived to high 35% cap rate. This example present a proof of the property which if re-positioned, the CAP RATE will dramatically increase, driving simultaneously the sales price of a prospect property. If your organization will decide to become a Partner in presented proposal, and after reaching an agreement in regards terms and conditions, we will furnished a Business Plan describing property details and profit potential. T h a n k Y o u for your interest. sGates, LLC is primarily interested in these funding sources, but will consider all inquiries: - Equity Funding (Venture Capital, Angel, Private Equity, etc)