Zhitou D3

 In Debt investment, Invest

This 7,628 SF lot is located in Queens, New York. 3 minutes away from Flushing, right next to the famous US open Citi field. This property will be developed to a hotel and residential building. Total of 9 story building; 29 parking space; 1st floor is for commercial stores, function room, reception and residential entrance; 2nd floor to 4th floor have a total of 35 hotel rooms; 5th floor to 9th floor has total of 26 residential condo units; 2nd floor and 9th floor rooftop have recreation area.

100.00%

Funded

$2,000,000.00
of $2,000,000.00 Goal
Investment Type debt
Funding Goal$2,000,000.00
Expected Annual Return9%
Min. Invest Amount$10,000.00
Funded $2,000,000.00
Closing Date 09/30/2018
Project Analysis
Risk Level EstimateA
LocationVery Good
DeveloperVery Good
Project Cost10M-20M
Building TypeResidential and Commercial
Pre-SaleYES
Project Statusarchitectural plan approved
Term36 months
Capital SourceDeveloper own equity,Construction Loan,Bridge Loan
Construction TypeRenovate,Addition
GuaranteeDeveloper Personal Guarantee
 
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