Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 4 days ago on .

User Stats

25
Posts
5
Votes
Steve Eason
5
Votes |
25
Posts

🚀 Exclusive Opportunity: Invest in High-Cash-Flow NH Mixed-Use Development

Steve Eason
Posted
    • 🚀 Exclusive Opportunity: Invest in High-Cash-Flow NH Mixed-Use Development

      📍 Location: Antrim, NH (30 mins to Concord, 50 mins to Nashua)
      🏢 Asset Type: Historic Mill Redevelopment + New Construction
      💰 Investment Type: Preferred Equity (8% Annual Return + Profit Share)
      📊 Projected Returns:

      • 8% Preferred Return (Paid First, Low-Risk Income)
      • Equity Upside: Share in $9.98M Projected Gain Upon Exit
      • Annual Cash Flow: $956K (Stabilized NOI)

      Why This Deal?

      High Demand:

      • 14 Market-Rate Apartments ($1,500/month | 6% Cap Rate)
      • 27-Bed Independent Living Facility ($4,500/month | 7% Cap Rate) – Senior housing shortage in Southern NH!

      Strong Financials:

      • Total Project Cost: $4.1M
      • Post-Stabilization Value: $14.08M
      • Refinance Potential: $8.87M at 70% LTV (Year 3)

      Risk Mitigation:

      • Site control secured, zoning approved, Phase I ESA clean
      • Fixed-price construction contracts
      • Pre-leasing partnerships for senior living

      Investment Details

      📌 Raise Target: $1.5M–$2.0M
      📌 Minimum Investment: $50K
      📌 Structure:

      • 8% Preferred Return (Paid Annually)
      • 20-30% Profit Participation After Preferred Return

      Exit Strategy

      🔹 Refinance in Year 3 (Projected $12.67M Value at 6.5% Cap)
      🔹 Long-Term Hold for Cash Flow & Appreciation

      About the Team

      🏗️ Backroad Holdings LLC – Led by Steven Eason, 20+ years in NH development, specializing in historic adaptive reuse and rural housing.

      Next Steps

      📅 Funding Deadline: 8/3/2025
      📞 Schedule a Call:  


      📩 Request Full Deck: Email [email protected]

      🔥 Exclusive for Bigger Pockets Members: First $500K committed receives reduced fees!**

      "We’re building more than housing—we’re reshaping rural development with investor-friendly returns."

      📲 Reply "NH" below or DM me to learn more!

Offering