Offering $20k instant equity - selling 2 ODC Funds, great performing, Fixed Debt 4%

[Martin Marsala]

Hello Investors,

Offering $20k in instant Equity - I own 2 funds from Open Door Capital (Brandon Turner) with almost all properties on low 4-5% Fixed Rate Debt, well performing that I am looking to sell due to unforeseen life events.  Both Funds are Value Add Mobile Home Park Funds 

Fund 6: Fixed Rate Return of 10% Annual with consistent payouts

Fund 5: Preferred Return 7% paying consistently PLUS upside from sale of properties after improvements for total projected IRR of 15%

Each fund has $100k invested and even though they're great performing and on Fixed Rate Debt I am offering a 10% instant equity for a quick sale.  Asking $180k for the $200k+ equity share.  

"Fund 6": Cash Growth Mobile Home Community Fund comprised of 8 Value Add Mobil Home Parks with 1200+ units. NOI close to projections, no capital calls, consistent distributions, all low ~4.8% fixed rate debt - in excellent standing, potential for early profitable sale with the very attractive fixed rate debt.

• Properties: Alpine Village (Republic, MO), Briarwood (Brookline, MO), Hay Creek (Bismarck, ND), Lakewood Estates (Springfield, MO), Parma Estates (Cleveland, OH), River Oaks (Louisville, KY), Starcrest Terrace (Bismarck, ND), Willow Haven (Colona, IL)
• Total Units: 1,245
• Acquisition Date: May and June 2022
• Investment Target Summary: 5 - 10 Year Hold, Preferred Class A 10% Cash-on-Cash Return, 10% AAR, distributed quarterly
• Managed By: Open Door Capital (Brandon Turner)
• Date Invested: March 2022
• My Initial Investment: $100k
• Asset Class Benefits: Mobile home parks (MHPs) are a recession resistant investment class with relatively low vacancy rates, CAPEX, and repair expenses. MHPs have significant value-add opportunities through park infill, utility back-billing, expense management, and rent increases.

"Fund 5": Comprised of 7 Value Add Mobil Home Parks with 1200+ units. NOI above projections, no capital calls, consistent distributions, majority is low ~4% fixed rate debt - in excellent standing, potential for early profitable sale with the very attractive fixed rate debt.

• Properties: 7 Properties - Blue Mounds (Blue Mounds, WI), Country Acres (Joplin, MO), English Village (Nixa, MO), Panorama (Elko, NV), Prairieland Estates (Bloomington, IL), Star Dust (San Angelo, TX), Sun Lake (San Angelo, TX)
• Total Units: 1,213
• Initial Acquisition Dates: December 2021 and May 2022
• Investment Target Summary: 5 - 10 Year Hold, Preferred Return %7, IRR 15%+, Cash-on-Cash 7%-10%, AAR 14%-20%, distributed quarterly
• Managed By: Open Door Capital (Brandon Turner)
• Date Invested: October 2021
• My Initial Investment: $100k
• Asset Class Benefits: Mobile home parks (MHPs) are a recession resistant investment class with relatively low vacancy rates, CapEx, and repair expenses. MHPs have significant value-add opportunities through park infill, utility back-billing, expense management, and rent increases.

Thank you.  For questions and interested please reach out to me at (858)255-0056

Martin