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Advenir at Lakeside

Multifamily apartments

Advenir at Lakeside

5.9 million MT was the value of demand for rice in 2014, local production that same year was estimated to be 2.7 million MT (Sahel Capital), the reality is that we are not close to satisfying local consumption in Ghana, it is expected that in 2020, due to series of factors; the gap between demand and supply would have widened.

Advenir is pleased to announce the ground-up development of Advenir at Lakeside, a new construction, 300-unit garden-style apartment community located within the Ashaley Botwe district, scheduled to be developed and stabilized in 2025 for a total cost basis of $226,472 per unit. This favorable basis attributes to a 30% discount compared to established sales comps in addition to an untrended 6.25% return on cost.

2.14
  • GH₵ 3,500,000

    Funding Goal

  • 0

    days to go

  • 2

    Contributor(s)

The images presented here are solely for illustrative purposes and may include artist's impressions. They may be used to illustrate the property offered and may not represent the actual property/ies. No reliance should be put on any of the images.

Annualised Returns 3.00%
Annual Appreciation 3400.00%
Projected Gross Yield 5.00%
Projected Net Yield 2.00%
Nominee Lead Eric
Participation Days Left

0

Funding Goal

GH₵ 3,500,000.00

Property cost

Property Price

Transaction Costs

Crowden Fee

GH₵ 3,500,000.00

GH₵ 2,000.00

3%

Investment cost

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GH₵ 3,607,060.00

Rental income (Year 1)

Annual gross rent

Service Charges

Mgmt. maintenance

GH₵ 3,200.00

GH₵ 122.00

GH₵ 10.00

Annual net income

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GH₵ 3,068.00

This is an estimate for the 1st year of ownership
This rental breakdown is based on estimated rental income, deductions, and fees for the first year of ownership only. Please note that actual rental income, deductions, and fees may vary based on market conditions and future rental terms
  • March 15, 2024
    Expected closing date
    This is a conservative estimate for the closing date of the property funding.
  • January 21, 2024
    SPV formation and title deed distribution
    The SPV will be created and all investors will receive their title deeds 2-5 weeks of the funding closing to prove their ownership of the property
  • May 24, 2024
    Expected first rental payment
    The first rental payment for this property is projected to be paid to investors by October 26th, 2023

Why Participate?

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