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- BLVD Bella Vista Investment Update: Still Time To Invest!
BLVD Bella Vista Investment Update: Still Time To Invest!
The BLVD Distribution
BELLA VISTA is coming along nicely, and we are anticipating a mid-January closing. We still have a handful of spots left! If you’re considering investing in this exciting deal, we welcome you to watch the recorded webinar, check out our deal page, or reach out to us directly. We expect to close funding soon, so make sure to submit your soft commit ASAP!
Lots of “meat on the bone” — 0% of the units are renovated, and we are ready to renovate and make them shine and finish them to BLVD’s standard.
Projected 2.3x Equity Multiple, with excellent Tax Advantages through bonus depreciation.
Growing Minneapolis Sub-Market, with strong tenancy and limited supply.
Under Contract with attractive assumable debt at 3.33% with approx. 7 years of remaining term, eliminating interest rate risk.
Highly occupied property that has seen strong organic rent growth, and primed for rent increases post-renovation.
To view the Bella Vista opportunity and all our future deals we invite you to join our investor portal. Registering is easy and will only take a few moments.
Portfolio Update
We are very proud of our team and what they continue to accomplish here at BLVD. Our management team is kicking butt and we are pre-leased to 100% at our Eat Street Portfolio in Minneapolis, and plugging along nicely with our other Twin Cities deals, focusing on property improvements and renovations this leasing off-season.
We have been actively looking at quite a few deals that have recently come out, and we have submitted a few offers on both MN deals and out-of-state deals where we hope to hear good news in the coming weeks.
Thank you for reading and your interest in BLVD Ventures. We look forward to having you follow along. Feel free to reach out anytime with questions and connect with us further using the button below.