Need Direct Lender for Acquisition & Rehab or Retirement Homes
Acadian Village at 824 Hospital Rd in New Roads, Louisiana, is managed by our I.R.S. designated 501 ( C ) 3 non profit tax exempt organization. Due to the large number of low income elderly and disable residing at Acadian, we are upgrading to U.S. Department of Housing and Urban Development Specifications and staffing for Assisted Living.
Out of 16 Investor Market Place Ads 11 are from us in the Baton Rouge, La. area Market. We would prefer a local Lender but open to deals with anyone Nationally for this investor friendly market here with a growing aging population.
"As-Is" Appraisal value of current 36 unit $750,000 with ARV 1.6 Million land and buildings. Expansion to 138 unit operating Assisted Living Facility value of 5.7 Million on long term fixed rate required.
Executive Summary, Sources and Use of Funds sent to you on Request
Call Alex: @ (225)238-3923 about becoming A Friend of Supportive Housing as a Lender, Private or Conventional