SILVER LINING PROPERTIES
They acquire small to mid-size Class B & Class A Multi-family and “Out of the Box” properties in the Mid-Atlantic Region. Properties are stabilized with value add and/or expansion to enhance the returns on investment. Silver Lining Properties has partnered with US Real Estate Ventures and Paradigm Senior Living to Present The Village at Taylor Farm- an Assisted Living and Continuous Care Community in the Northern VA/DC Sub Market in Maryland. This 65 acre property and business has ... been in operations since 2003, but in the most recent 3 years has suffered due to management and marketing issues resulting in a decrease in revenues. Property and Business are being purchased for $5.9M (10 Cap) 65% LTV Non-Recourse loan. Expansion/renovations $1.4MM 75% LTV construction loan Current EGI is $1.97MM, 40% expense ratio and $540,000 NOI Their goal includes improvements and moderate expansion to stabilize facility by year 3 to achieve an EGI of $3.3MM and $1.4MM NOI Investor expectations include yearly cash on cash return average of 25% (first year 10%) with 5 year IRR of 50%/yr which includes almost 175% cash on cash return upon exit in year 5.
SILVER LINING PROPERTIES
Industry:
Marketing Property Management Real Estate
Founded:
2010-01-01
Address:
Richmond, Virginia, United States
Country:
United States
Website Url:
http://www.silverliningproperties.com
Total Employee:
1+
Status:
Active
Contact:
(804) 381-1612
Total Funding:
400 K USD
Technology used in webpage:
SPF Google Font API Microsoft Exchange Online Organization Schema Office 365 Mail GoDaddy DNS GoDaddy SSL GoDaddy GoDaddy Email GoDaddy CDN
Similar Organizations
cleanNow inc.
cleanNow is the first truly on-demand home cleaning app in Canada.
Columbia Property Managers
We specialize in converting and renovating single and multi-family homes into condominiums in the Washington DC metro area.
Zameen.com
Zameen is software that is specific to Pakistan in assisting individuals in navigating the real estate market.
Current Employees Featured
Founder
Official Site Inspections
http://www.silverliningproperties.com
- Host name: a904c694c05102f30.awsglobalaccelerator.com
- IP address: 13.248.169.48
- Location: Seattle United States
- Latitude: 47.6348
- Longitude: -122.3451
- Metro Code: 819
- Timezone: America/Los_Angeles
- Postal: 98109