Partner wanted. Real estate side ONLY as 50% of these units will be permanently leased to Assisted living home as they need to expand, need to build 38 additional studio units looking for 1 million USD (or part of there of) for this phase 2 project. Self funded "phase 1" in 2008.
We own real estate just need funds for construction. This is in the resort city of Gyula, Hungary. New Highway mostly done to this underutilized part of Hungary, Airbus parts factory just went on line. 1 st floor 19 units sold and resold to elderly for generations. (elderly buy "right to use" an assigned unit) Second floor 19 units for short and long term rentals to local community. This is a privately funded USA and Hungarian collaboration. Phase 2 can be deeded separately. Nonprofit takes care of elderly services independently form realestate ownership. (Needed $1 million USA $ for 50% share on phase 2 or $700K for less of a share ) I reside in the Boston area to meet in person. Pictures and plans available by e mail. Personal meet in Boston area anywhere After Feb 14 on my return to the USA, as I will be in Hungary visiting this project. It is important understand the return of funds are from sale and resale of units for generation, As elderly purchase these unit to use till the end of their days, at which time the units revert back to us, when we rehab, paint as needed and sell units again and again. Additional income from 2nd floor short and long term rentals. 30 plus picture tag with discription https://www.facebook.com/tibor.hangyal
Ready to Ask For Funding for your company?
Post a Funding Request