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Cheoin-gu

Gyeonggi, South Korea

Due Diligence Pending
Equity Seeking$ 2,000,000
Equity StructurePreferred Equity

2 story residence building with 1900 rooms for use by workers employed by SK Hynix Semi-conductor facilities under construction now (1000 acre land)

Total Raise$ 10,000,000
Equity Seeking$ 2,000,000
Sponsor Co-Investment$ 8,000,000
Debt Financing$ 70,000,000
Preferred ReturnAbove 10%
Profit Split (Investor/Sponsor)40 / 60
Project TypeGround-Up Development
Hold Period6–12 Months
Investment Annual IncomeTBD
Investment Monthly IncomeTBD
Lot Size Ac / Sq Ft26.95 / 1,174,000
Zoning / UseMixed-Use Development Zoning
Entitlement StatusIn Process
Permit StatusSubmitted / In Plan Check
Estimated Resale Price$ 55,000,000
Projected Building Size (Sq Ft)533,745
Projected # Units1,800
Projected # of Stories2

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Property Location

HHo Y.

Developer / Builder