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Realestatebyscott

RealestatebyscottRealestatebyscottRealestatebyscott
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  • Projects
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MT CARMEL 94 - Project Investment Deck

  Project Overview

  • Prime Location: Located near Maverick Square, with easy access to Downtown Boston (3-minute ride via MBTA Blue Line) and Logan Airport.
  • Modern Living Spaces: 94 rental units, including 14 affordable units (previously 7), with high-end amenities such as a fitness center, communal roof deck, work-from-home stations, and 53 off-street parking spaces.
  • Sustainability: LEED Gold Certifiable, all-electric building with on-site renewable energy (solar panels).


Financial Highlights

  • Total Development Cost: $46.09M
  • Projected Sale Value (Month 36): $64.44M
  • Total Profit: $13.87M
  • Projected Returns: 
    • Levered IRR: 42.84%
    • Unlevered IRR: Not provided in the updated document
    • Project Multiple: 2.73x


Investment Structure

  • Raise Amount: $8.9M 
    • Construction Loan: 70%
    • LP Equity: 18%
    • GP Equity: 3%
    • Momentum Fund: 9% (A program administered by MassHousing to accelerate mixed-income multifamily housing development.)


Sample Investment & Projected Return

A $100,000 investment is projected to yield:

  • Investor IRR: 42.84%
  • Investor Multiple: 2.73x
  • Projected Total Cash Distributions: $272,612 over the investment period.
  • Annualized Return: ~33.8% per year over the 3-year investment term.


This investment provides strong returns, a well-structured financial plan, and exposure to a high-quality multifamily asset. Contact us today to learn more!

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Disclaimer

The information provided on this website is for informational purposes only and does not constitute investment advice, an offer to sell, or a solicitation of an offer to buy any securities. Any such offer or solicitation will be made only by means of a confidential private offering memorandum and related subscription documents, which will be provided to qualified investors upon request. Investing in real estate involves significant risks, including the potential loss of your entire investment. Past performance is not indicative of future results. Prospective investors should consult with their own financial, legal, and tax advisors to evaluate the risks, consequences, and suitability of any investment. The investment opportunities discussed herein are intended solely for individuals who are "accredited investors" as defined under the U.S. Securities Act of 1933 and related regulations. Any investments or strategies mentioned may not be suitable for all investors. We do not provide tax or legal advice, and all investors are strongly encouraged to consult with their own advisors regarding any potential investment. This website may contain forward-looking statements that are subject to risks and uncertainties. Actual results may differ materially from those expressed or implied in such statements. We undertake no obligation to update any forward-looking statements to reflect changes in circumstances or expectations.

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SCOTT VISNER / DRE# 01980049

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