Structure of the Offering
-Each of investment into one partnership unit is $24,700.
-The year of the investment, the investor receives a tax deduction between $11,000 and $12,000, which is used on their personal income tax to reduce their taxable income.
-The majority of tenants in the property are already in place, so the rental income helps pay down the mortgage, with a little left over every year potentially.
-The mortgage on the property typically pays out in about 14 years, with approximately $400 left over for investors each year during that time. But as mentioned above, the mortgage payout starts the next phase of the investment of income production.
-If all goes according to projections, and based on experience with other investments in their group, each of the $24,700 investment units is targeted to produce approximately $5,000 of net rental revenue per unit, per year, and the potential for continued growth year after year.
-They still operate some of the initial commercial properties as income producers, so a structured exit plan is offset by the ongoing income stream.