VALUE-ADD PARTNERSHIP opportunities
Participate in Value-Add, Repositioning, and Double the Value of Assets within 6 to 12 months. We have both short and long-term projects available.
Featured Opportunity
BALLARD FOURPLEX
High-income fourplex in the heart of Ballard.
Newly renovated with great cash flow
LOAN AMOUNT: $1,200,000
RENOVATED VALUE (ARV) $2,150,000 (recent appraisal)
TERM: 18 Months @ 7.5% and 2.5 Points
MONTHLY PAYMENT: $7,500
$140,000 annual Gross income
VALUE-ADD PROJECTS
queen anne
single-family
VIEW DETAILS
ARV: $1,595,000
AVAILABLE: $50,000 to $400,000
STRATEGY: FIX & FLIP
Ownership group intends to cosmetically update the interior of the existing home from top to bottom and add a studio MIL apartment and an additional 2 beds, 1 bath in the basement to complete any unused square footage. The ownership group will elect to sell the finished single-family home with MIL apartment at top market rate.
Everett
Commercial
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AFTER REPAIR VALUE: $2,500,000
AVAILABLE: $50,000 to $300,000
STRATEGY: LONG TERM HOLD AND EQUITY / CASHFLOW TO OWNERSHIP
The ownership group intends to renovate the existing structure by completing top to bottom updates to the interiors of all four suites. The highest and best use of the property is to reposition the asset as a turnkey, cash-flowing investment property.
bremerton
mixed use
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ARV: $895,000
AVAILABLE: $50,000 to $200,000
STRATEGY: LONG TERM HOLD AND EQUITY / CASHFLOW TO OWNERSHIP
The ownership group intends to renovate the existing structure by completing top to bottom updates to the interiors of the 2 office units and the detached 2-bed apartment. The highest and best use of this property is to reposition the asset as a turnkey, cash-flowing investment property.
Capitol Hill
Single-family
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AFTER RENOVATION VALUE: $2,295,000
AVAILABLE: $50,000 to $500,000
STRATEGY: FIX AND FLIP
The ownership group intends to cosmetically update the interior of the existing home from top to bottom by replacing the kitchen and bath, installing new flooring, new paint, lighting, and all fixtures. A MIL apartment will be added in the basement to complete any unused square footage, and increase the livable square footage of the home. The ownership group will elect to sell the finished single-family home with MIL apartment at top market rate.
oak harbor
fourplex
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AFTER REPAIR VALUE: $1,795,000
AVAILABLE: $50,000 to $400,000
STRATEGY: LONG TERM HOLD AND EQUITY / CASHFLOW TO OWNERSHIP
The ownership group intends to renovate the existing fourplex totaling (4) 1-bed/1-bath units by updating the interior finishes, installing a new bath/kitchen, and reworking the layout to increase all four units to 2-bed/2-bath apartments. The highest and best use of this property is to reposition the asset as a turnkey, cash-flowing investment property.
South Sound
9-unit multi-family
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ARV: $3,850,000
AVAILABLE: FULLY COMMITTED
STRATEGY: LONG TERM HOLD AND EQUITY / CASHFLOW TO OWNERSHIP
Ownership will add value & raise rents to the existing 9-units. The interior and exterior of the building will be fully renovated using high-end finishes, including, updating the landscaping, and leasing the building at top market rates. The highest and best use of this property is to reposition the asset as a turnkey, cash-flowing investment property.
burien
duplex
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ARV: $1,295,000
AVAILABLE: $50,000 to $300,000
STRATEGY: LONG TERM HOLD AND EQUITY / CASHFLOW TO OWNERSHIP
Ownership group intends to renovate the existing duplex, update the interior finishes, kitchens, and baths utilizing any unused square footage. The highest and best use is to increase density, lease at top market rate, and hold long-term portfolio.
rainier
comercial
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ARV: $1,595,000
AVAILABLE: $50,000 to $300,000
STRATEGY: LONG TERM HOLD AND EQUITY / CASHFLOW TO OWNERSHIP
Ownership group intends to renovate the existing structure by completing top to bottom updates to the interiors of all four suites. The highest and best use of this property is to reposition the asset as a turnkey, cash-flowing investment property.
Greenlake
Townhomes
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AFTER COMPLETION VALUE: $4,000,000
AVAILABLE: $100,000
STRATEGY: BUILD GROUND UP, SELL HOMES
The ownership group intends to demolish the existing structure and build three high-end townhomes. The projected timeline to completion is 24 months, and then units will be listed and sold to end-user for the top market rate.