Sharing God's love Ministries

10/27/2024

https://www.youtube.com/watch?v=Sxgt617dvkY

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10/19/2024

******* OFF-MARKET UNDER CONTRACT *****

Gainesville 360 Units Multi-Family, 2000 Build, Value-Add!


I’m excited to share Hideaway Gainesville, a 360-unit, 1,115-bed student housing property strategically located near the University of Florida. This asset is not only positioned in a resilient market but also offers significant value-add potential that can drive Net Operating Income (NOI) growth and enhance overall property value.

Property Overview:
Location: 2800 SW Williston Road, Gainesville, FL 32608
Units: 360 units with 1,115 beds
Year Built: 2000
Leased Occupancy: 91.7%
Average Effective Rent: $621 per bed, $1.34 per square foot
Gross Rent: $7M+
NOI: $3.5M+
PURCHASE PRICE $60M
Cap Rate 6.1%
Why This Investment Stands Out:
Strong Market Fundamentals:

Gainesville’s student housing market consistently boasts occupancy rates over 95%.
The University of Florida’s continuous growth, with over 55,000 students enrolled annually, provides a stable and expanding tenant base.
Proven Value-Add Opportunities:

Unit Upgrade Program: 215 units are still available for upgrades, capturing an additional $48 per bed, translating to $123,840 in annual income.
Cable Service Elimination: Focusing solely on high-speed internet can save $72,400 annually.
Technology Fee Adjustment: Raising the tech fee from $7 to $10 per bed could generate an extra $36,000 annually.
Capital Improvements:

Recent investments in unit renovations, clubhouse upgrades, and common area improvements provide a strong foundation for further growth without extensive capital outlays.
Additional Revenue Streams:

Parking Income: Premium/reserved options can add $10,000 - $15,000 annually.
Amenity Monetization: Opportunities to generate revenue from the resort-style pool, fitness center, and event rentals.
Value-Add Strategy Overview:
Complete Unit Upgrades: Capture $123,840 in additional annual rent.
Reduce Cable Expenses: Save $72,400 annually by focusing on high-speed internet.
Increase Technology Fee: Gain $36,000 in extra revenue.
Optimize Parking Income: Generate an extra $10,000 - $15,000 annually.
Energy Efficiency Upgrades: Smart thermostats and LED lighting can save $20,000 - $40,000 annually.
Pet-Friendly Policies: Generate $15,000 - $25,000 annually through pet fees

****** PLEASE DM ONLY POSTING TO SEVERAL MULTI-FAMILY GROUPS ******* GRACIAS HAVE AN AMAZING SABBATH.

10/03/2024

I AM NOT AN AFFILIAT! JUST GIVING HEADS UP TO STOCK UP FOR YOU AND YOUR FAMILILA

STAGG Classic Chili with Beans is our signature recipe, made from a robust blend of savory spices and ingredients like juicy beef and pork, ripe red tomatoes, two kinds of beans, and chopped onions. This delicious, canned chili with beans is slowly simmered to bring out the rich full flavors from...

10/03/2024

*************SURVIVAL FOOD******* GRAB A COUPLE OF THESE AND A COUPLE OF BAGS OF RICE Keystone Variety Pack Canned Meat Case | All Natural 14.5 Oz 6 Canned Beef | 4 Chicken | 4 Turkey | 4 Pork & 14 Oz 6 Ground Beef Fully Cooked Emergency Survival Meal For Camping & Hiking Pack of 24
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Keystone Variety Pack of Canned Meat Case | All Natural 14.5 Oz Canned Beef | Chicken | Turkey | Pork & 14 Oz Ground Beef Fully Cooked Ready to Eat Long Term Emergency Survival Food Family Pack of 24

10/03/2024

STOCK UP NOW YAWL!

Cook anything in the great outdoors! Bring the power and dependability of your kitchen cooktop to camp with the triple-burner camp stove. With this high-powered camping grill cooking has never been safer or more satisfying. The lightweight design of the portable stove and removable legs are perfect....