The Investment Opportunity
WORC will pool investor monies to build retirement communities in Whatcom County, Washington.
The investors, with WORC will collectively own the retirement community and the underlying assets - debt free.
Investors will earn 70% of net cash flow from business operations of the retirement community. WORC will oversee the day-to-day operations of the venture; investors will assist in corporate guidance but are not required to take residence in Whatcom County.
60 months from closing, several exit options will arise such as the profitable sale of the project as a going concern to a national assisted living operator. Investors would collectively earn 70% of capital gain; WORC would collect 30%.
Please note, however, that US Immigration regulations require that an immigrant investor's capital remains at risk until a final and permanent green card has been granted.
In Review
INVESTMENT: |
$500,000 Investment for 1 unit 40,000 Syndication Fee (Admin.& Marketing Expenses) $540,000 |
DISTRIBUTION OF PROFITS: |
Investors will collectively earn 70% of net cash flow from business operations, until interest is sold. |
RETURN OF CAPITAL / EXIT STRATEGY:
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60 months from closing, several exit options will arise such as the profitable sale of the project as a going concern to a national assisted living operator. Investors would collectively earn 70% of capital gain; WORC would collect 30%.
Please note, however, that US Immigration regulations require that an Immigrant Investor's capital remain at risk until a final and permanent green card has been granted.
From 1995 to 2005 Bellingham real estate appreciated by 92%.
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This is not a solicitation of investment. Before considering making an investment interested parties should review with the advisors of his/her choice the specific terms of investment contained in the New WORC Development and Management LLC, Operating Agreement and other project documentation.