Property Commercial Portfolio in Township of Williston, USA (ZPOC-T1043226) Property Commercial Portfolio in Township of Williston, USA (ZPOC-T1043226)Property Commercial Portfolio in Township of Williston, USA (ZPOC-T1043226)Property Commercial Portfolio in Township of Williston, USA (ZPOC-T1043226)Property Commercial Portfolio in Township of Williston, USA (ZPOC-T1043226)Property Commercial Portfolio in Township of Williston, USA (ZPOC-T1043226)Property Commercial Portfolio in Township of Williston, USA (ZPOC-T1043226)Property Commercial Portfolio in Township of Williston, USA (ZPOC-T1043226)Property Commercial Portfolio in Township of Williston, USA (ZPOC-T1043226)Property Commercial Portfolio in Township of Williston, USA (ZPOC-T1043226)
Property
22/05/2013 - réf 54567
Professional announcer
» Sale
35469.5566€
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Township of Williston

United States

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Dakota, USA $47000 - Phase 2 - Now with optional 25% Guaranteed IncomeHOTEL ROOMS/BLOCKS, NORTH DAKOTA USA - APPROX YIELDS 35%+ PER ANNUM Individual Rooms $47000 Block of 10 POA / Block of 20 $900,000 Truly unique situation and not to be missed! 55% / 45% rental management split or 25% Guaranteed for 4 years. 12 Month Guarantee on fixtures &. fittings (We have an extended warranty product for after the guarantee period if clients want it. It covers just about everything and costs $450 per annum.) Staged Payment Plan. £.950.00 UK Admin Fee / $1000 reservation fee paid into Escrow 35% on receipt/exchange of contracts 35% on confirmation that the units have been built and ready to be transported 30% on completion i.e. units/block in place and signed off. Oil Workers Accommodation. Now phase 1 is well underway with the construction of 70 units being built near Watford City &. strong interest already coming in from Oil companies looking to pre book the majority of the rooms. Phase 2 has been purchased by one investor. Phase 3 is filling up fast with investors. APPROX YIELDS 35%+ PER ANNUM Please see below details of this superb Investment Opportunity. There are some once in a lifetime Opportunities and this I believe is one. There is very strong demand for accommodation in this area, please click on all of the links and you will be able to piece together what a stunning project this is. We are initially looking to sell these Mini Motels per block (10 or 20 Rooms ) and we expect these to be sold in a very short space of time. We will also be able to offer a number of room/s on an individual basis for our smaller Investors on some of the blocks. These units can be constructed in 8 weeks and all planning is in place. This deal should be looked at as an Income producing product. we are advised the longevity of this is approx. 50 years so do not expect any Capital Growth. Having your Capital repaid in approx. 2 years would make this one of the best offerings we have offered in 20 years. Possible and additional expenses not included in the Pre tax NET figures: - &bull. Federal and State Income Tax &bull. Accountancy Fee &bull. There may be nominal repairs, although not in year 1 as there is a 12 month guarantee on everything NHH 25% Rental Guarantee for 4 Years NHH 25% Rental Guarantee for 4 Years - This is only an option, you do not have to choose this. 1. Guarantee is fixed. So anything over is kept by the management company. Anything under is made up to guarantee amount 2. Guarantee is optional and has to be selected on reservation. 3. Guarantee begins 30 days after completion of property to allow fair time for renting rooms. 4. Guarantee is agreed for 48 months. Once selected cannot be cancelled inside the 48 month period. 5. No increase in income if guarantee selected 6. Net guarantee is AFTER following costs: management, insurance, city taxes if relevant, marketing. Does not include maintenance. 7. Guaranteed amount paid monthly direct to investor 8. Standard income and expenditure accounts provided for investor so they can see the underlying performance of their unit outside the guarantee. The Project In the Western section of North Dakota there are small towns defying the laws of economics in the current US recession. North Dakota is going through an economic boom due to its newly found oil fields. With more oil in reserve than Saudi Arabia and the UAE combined, the pressures from this rapid growth are evident. Workers from all corners of the United States are coming to Williston to secure stable well paid jobs of $80,000 - $100,000 + per annum. A side issue of the influx of workers is a need to shelter them. Currently an immediate demand for more than 20000 worker beds exists. These men and women are sleeping in tents and cars and the number grows weekly A solution has been designed and produced in the form of the Mini Motel. Each room will be 26' 0". x 12' 8". (331sq ft) and will be fully furnished with beds, sofa, table, shower, wash basin, toilet, TV, microwave and WiFi connectivity. Occupants will get all the home comforts of a full size hotel/motel room. Demand has driven room rates up to $125 per night although we feel this is high. The operator will charge $100 per night for a single room. The units are priced at $47,000 per single room, $900,000 for an entire 20 room Mini Motel ( 10 units POA). The &lsquo.Mini Motel' Room Each building contains 20 self-contained units. These will be charged by the day and rented to workers for 4 week periods at a time. Rent must be paid in advance with both a 4 week notice required and a security deposit taken. Each suite is self contained, secure and fully furnished. All have the following durable features: Double, Queen or King Beds. Multiple occupancy commands a higher rent rate. Sitting/Bedroom En-suite Bathroom including: ·. ceramic round toilet, fibreglass shower ·. porcelain vanity sink, towel rack &. toiletry cabinet Microwave Flat Screen TV with cable WiFi Internet ready Lockable dead bolt door Lockable screen window Heat Thermostat Smoke, Carbon Dioxide Alarms Fully insulated for extreme cold Rent includes all Utilities, Cable/Wi-Fi costs, VOIP Phone (calls charges extra), cleaning. Breakfast and Evening Meals available at additional cost & Investors benefit from reduced prices when buying a complete 20 unit strip. & Hundreds of oil workers are currently living in &lsquo.Portakabin' style dormitories with no privacy and precious little insulation. If they can't find accommodation in one of these dormitories they will sleep in a tent, their car or a caravan. Not ideal living conditions in the bitterly cold winter months, just 50 miles from the Canadian border. Product Profile A &lsquo.value-added', technology-advanced, pre fabrication home building system with active focus on lean and green related projects The inception the &lsquo.Mini-Motel' came from years of research of the modular field. A concept of producing housing units in the same manner that the car companies produced automobiles was the beginning of the system built housing concept. After months of planning, incorporating experts in the field of lean manufacturing and plant engineering, the concept was perfected using high quality building materials, &lsquo.just-in-time' delivery solutions and experienced quality assurance personnel, this concept was ready to be implemented. After the concept was perfected, quick and affordable housing methods would lead the way in both single-family residential as well as multi-family units. The ability to react quickly and with a floor plan and process, our system can replace conventional building methods within days at a more affordable cost. Nearly $4.5 million to date has been invested perfecting this concept. The initial investment was used to perfect the designs, process, quality assurance manuals, certifications, leasehold improvements, as well as purchasing and installing all the required equipment necessary to produce as many as 1,600 units per year. With

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Price of the real estate or monthly rent if this is a rental or roommate : 35469.5566 €

Date of the last real estate ad update : 22/05/2013