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Updated 13 days ago on .

User Stats

5
Posts
5
Votes
Stephen Pendl
  • Investor
  • Boise, ID
5
Votes |
5
Posts

New Build 36 Unit Condo Project in Boise, Idaho

Stephen Pendl
  • Investor
  • Boise, ID
Posted

Vera Development has a newly available investment opportunity ranging between 30-141% returns. The project is near downtown Boise and comprises of 33 condos and 3 retail units. It’s currently approved by City of Boise and design review committee. More details are below.

We are mainly looking for a key partner to come in and help us finalize the construction loan, but we're also open to selling outright. Know anyone looking for their next project? $50,000 finders' fee to connect us with a HNWI or agent fee available if connecting us with a buyer.

Here are the details:
Option 1 — Come on as a Key Partner with usCoC Return: 30-141% (depending on funding strategy. Both options laid out in the pro forma.) Key Partner Pro Forma & Details

Option 2 — Purchase outrightAsking $3mCoC Return: 39% Purchase Pro Forma

If you have any questions, feel free to reach out.