Senior Center on Big Island Hawaii. $6,000,000 JV with POF

[Ronald Stebbins]

Aloha,

Looking for:

#1. In Kona.

Seeking joint venture partner or buyout for turnkey near shovel ready fully approved senior living project. Certificate of Need in place. Fully entitled for 160 beds of skilled nursing; 55 bed memory care wing; 66 assisted living apartments and 35 workforce housing independent living apartment. Approved 201H resolution which exempts the project form GET and RPT. 70% of residents Medicaid rent paid by government. Hawaii has the highest reimbursement rate in the country. Financing via tax exempt revenue bond which makes a development cash flow positive at closing rather than when the project reaches abstain occupancy. Seeking $6 million dollars POF for JV partnership. The project NOI from just the 160 bed bed skilled nursing and 55 bed memory care in five years is $7,018,168.

Please contact me at:

Ronald "Skeeter" Stebbins

Broker, Real Estate Negotiation Expert RENE®, Accredited Buyers’s Representative ABR®, Short Sale Foreclosure Resource SFR®, Internet Marketing Expert e-PRO®

[e-mail]

www.facebook.com/LovelyMauiHomes

[phone]

Broker/Owner Lovely MauiHomes, LLC

[WKL David]

HI Ronald :

Send your Executive Summary & other project information to [e-mail] for immediate perusal.

Regards,

David Lee

https://davidwkleeglobalfunding.com