中文Yellow Rock Property Inc. is offering equity participations in the form of Participating Preferred Units or Shares only to a limited number of investors who meet certain qualifications necessary for the offer and sale of the Units to be exempt from registration under state and federal securities laws.
Only those who meet the Accreditation Requirements, as set forth under the Securities Act of 1933 Sub-Section 4(2), Regulation D, 506, and 4(6) the Accredited Investor Exemption as denoted within the Subscription Agreement contained herein are authorized to receive this Private Placement Memorandum and participate in the offering.
The investment strategy of the Fund includes:
- Identify undervalued real estate opportunities located in secondary market across several property types
- Aggressively manage each asset acquired
- Execute a well-defined exit strategy for each investment made.
The Sample key elements are as follows:
- Offering Size – $x,000,000
- US $25,000 per Unit
- Closing date: March xx, 2014
- Maximum of xx Units and minimum of x Units
- Accept investors since January xx, 2014
- A return of capital of all invested capitals
- A priority return of 8% on such invested capitals
- 80% to the partners and 20% to the General partner
- Third-Party audition
COMMERICAL PROPERTY LIST
300, Office 1
The property is located within a 4,000 acre master-planned, mix development. It was developed in the 1980s as an upscale residential enclave but has become a bustling commercial area as well. Groceries stores, restaurants, specialty shops, banks, a 16 screen movie theater, medical facilities, day care centers and many other daily conveniences are located close by to the property.
Asking Price: $2,200,000
Net Rentable Area: 54,592
Lot Size (acres): 6.51
Year Built: 2000
Occupancy: 77.00%
Net Operating Income (NOI): $342,184
81 Pine， Multifamily
The five 2-story building multifamily complex was built in 1974, 1979, 1984 on a 1.96 acre site. The Park Place Townhome Community features spacious two bedroom townhome floor plans rehabbed in 2003. As of November 2013, the property was 95% occupied. The Park Place Townhomes are located approximately 36 miles northwest of the Atlanta Central Business District (CBD). Primary access to the area is by Interstate 75 via East Main Street (SR-113).
Asking Price: $500,000
Net Rentable Area: 23,040
Lot Size (acres): 1.96
Year Built: 1974
Number Of Buildings: 5
Number Of Stories: 2
Number Of Units: 20
Occupancy: 95.00%
6055-6125 Shopping Center
Forest Mart Shopping Center contains 76,554+/- Square Feet and was originally built in 1964 on a 8.5+/-acre site. Currently anchor tenants include; Aaron Rents (11,348 s.f.) Farmers Furniture (22,000 s.f.), Family Dollar (10,000 s.f.) and a Bank of America ATM lease through 2022. The center is currently 81% occupied. The center features a large parking lot with abundant parking, signage and favorable ingress/egress and masonry construction. The Georgia DOT is about to begin construction on a major project that will impact the subject property and the Buyer will receive a future condemnation award that could exceed $950,000.
Asking Price: 1,500,000
Net Rentable Area: 76,554
Lot Size (acres): 8.54
Year Built: 1964
Number Of Buildings: 2
Number Of Stories: 1
Occupancy: 81.00%
Net Operating Income (NOI): $254,700
4770 Hotel
The InnPlace hotel (former Sheraton) represents an exceptionally rare opportunity to turn around a well-built, but underperforming lodging property in one of the hottest hotel markets in the nation. In addition to the Sheraton, we believe that other leading flags may be available for the Property to the buyer. By way of major demand generators, the subject sub-market includes the Charleston International Airport; the 1.2 million SF (soon to be expanded) Boeing assembly plant, the 135,000 SF Charleston Convention Center; the North Charleston Coliseum and Center for the Performing Arts; the United States Air Force and Navy Joint Base Charleston; and the Detyens Shipyards (a growing cruise ship repair and dry dock facility). Offsite amenities in the neighborhood of the hotel include the 300-acre entertainment and shopping complex known as Centre Pointe, which includes the 400,000 SF upscale Tanger Outlet Center which opened in 2004. Other area attractions include the now world famous historical downtown Charleston (including the Battery District), Fort Sumter, Folly Beach and various historical plantations.
Asking Price: $3,000,000
Property: InnPlace Hotel (Former Sheraton)
Property Description: 289 Room Hotel
Square Footage: 193,400
Lot Size (acres): 7.89
Year Built: 1983
Occupancy: 50.94%
College Square
This property is a 36 Unit Student Housing Apartment Community. It is conveniently located near all Colleges and Universities. Consisting of 4 bedroom apartments and features large living spaces, fully equipped kitchens, built in microwaves, alarms and washer/dryer in every apartment. College Square is just minutes from downtown and shopping centers.
Asking Price: $1,000,000
Net Rentable Area: 50,400
Lot Size (acres): 2.11
Year Built: 2007
Occupancy: 93.75%
Net Operating Income (NOI): $71,203
Village Mall
Village Mall is a 331,000 SF regional mall. The Property is close to a main artery in the City with access to I-95 (approximately 1 mile east of the Property), one of the most travelled roadways on the entire east coast. Village Mall is home to nationally known brands such as Just Save Grocery Store (Owned by Lowes Foods), Merle Norman, and H & R Block, as well as many successful regional and local stores including The ExChange Company and The Veterans Museum. The town continues to attract commercial and retail businesses with projected demographic growth and value appreciation. Additional outparcels bring added vehicular and foot traffic to the site. Village Mall offers significant value-add opportunities and generous return projections upon acquisition.
Asking Price: $2,000,000
Net Rentable Area: 331,000
Lot Size (acres): 30.73
Year Built: 1979
Number Of Buildings: 4
Occupancy: 42.69%
Vanderbilt Shopping Plaza
Vanderbilt Square, a 46,000 SF neighborhood center situated on 4.44 acres. The plaza provides excellent visibility. The center is comprised of six units, with two 10,000 SF boxes, one large 16,600 SF box, two 4,000 SF units and one smaller 1,200 SF end unit. The property is nicely lit with plenty of parking. There is also rear access from a private road and a separate entrance to a public road. This large lot has created the potential to increase NOI with an outparcel. The property is anchored by Harbor Freight Tools, which was the recipient of the highest grossing new store in the chain in 2008 and 2009. As of 2010, Harbor Freight Tools boasted more than 330 brick and mortar stores around the United States with annual revenues north of $1.5billion. Harbor Freight Tools has recently executed a ten year extension on their lease. Additional tenants include Dollar Plus and the franchised Monster Mini Golf with over 40 national stores, including one in Las Vegas which is owned and operated by Gene Simmons and Kiss.
Asking Price: 1,500,000
Net Rentable Area: 46,000
Lot Size (acres): 3.86
Year Built: 1974
Number Of Buildings: 1
Number Of Units: 6
Occupancy: 80.00%
Net Operating Income (NOI): $268,136
Baymeadow Hotel Bay
Baymeadows Hotel has 116-key, midscale, all-suite, extended-stay suits. It is perfectly located between I-95 and US-1. This area contains a large concentration of office and commercial development and is proximate to the University as well as to the Clinic. Major military installations are less than 30 minutes away including Naval Air Station. Several restaurants are nearby including Chili’s, Red Lobster, IHOP, Denny’s and many more.
Each guestroom is a mini-apartment providing one or two private bedrooms. The bedrooms have either one king or two double beds and the separate living room has a comfortable seating area with a sleeper sofa plus a kitchen with full-size appliances. Other facilities and amenities include an outdoor pool, whirlpool spa, fitness center, meeting space, business center, convenience shop, guest laundry, and sports court. High-speed wired and wireless internet access is available.
For the Trailing 12-month period ending December 31, 2013, the Hotel achieved an Occupancy of 50.8% .
Asking Price: $2,500,000
Property Description: 116-Key, Midscale, Extended-Stay Hotel
Lot Size (acres): 3.88
Number Of Buildings: 4
Year Built: 1991
Occupancy: 50.8%
Breck Office
The Property consists of a two-story office building containing 150,000 rentable square feet and a single story data center facility containing 40,000 rentable square feet. The office building consists of two separate, but identical wings connected by an open lobby with a mezzanine pedestrian walkway, which enables both a single tenant and multi-tenant use. The Property served as the former corporate campus and headquarters for Primerica (a former Citigroup Company) for nearly 25 years and is situated among one of highest concentration of corporate facilities in the city. Centrally located near the interchange of I-85, the Property is easily accessible and surrounded by an expansive amenity base. In addition, the Property is a short commute to some of most desirable residential communities.
Asking Price: $1,500,000
Property Description: 190,000 SF Multi Tenant Office Property
Net Rentable Area: 190,000
Lot Size (acres): 18
Number Of Buildings: 2
Year Built: 1985
Occupancy: 0%
Brook Hollow Office
The property, 46,464 SF property, comprises two-story office buildings on a 3.407-acre site. Currently 44% occupied, the property provides a positive net cash flow from the existing tenants. The property has 1,200 to 12,500 contiguous square foot spaces which allow for flexibility in meeting an owner/users space needs. Built in 1986 and 1988, the two-story buildings offer attractive facades and mature landscaping. The property is visible from a busy local highway, which has an average of 30,200 vehicles per day.
Asking Price: $800,000
Property Description: 46,464 SF Office Property
Net Rentable Area: 46,464
Lot Size (acres): 3.41
Number Of Buildings: 2
Year Built: 1986
Occupancy: 44%