| Charles Hamilton 2005-06-16, 1:58 pm |
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Wholesale Offer
In an independent Complete Self Contained Appraisal dated May 5, 2005, the following figures have been established for our Mertz project:
· Retail Value (individual unit sales) $975,000
· Wholesale Value (finished project liquidation) $825,000
· Exposure Time (individual unit sales) 6 - 18 months
For a limited time, we are offering the completed project at the Wholesale Value of $825,000. However, individual units will be offered for sale. This offer expires upon the sale of an individual unit. Estimated completion of the project is late July, 2005.
Based on the information above, investment returns can be estimated as:
· Annual rate of return for 6 month exposure 33.88%
· Annual rate of return for 18 month exposure 11.19%
Please take the time to view the project information by following the links to the left. Contact us for additional information.
The appraisal referenced was used for a construction loan to finish the project. The appraisal was commission by the lender and is an independent analysis of the project.
Details at www.northcoastholdings.com/wholesale
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North Coast Holdings LLC
440-331-2019
info@northcoastholdings.com
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