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Eckstone Partners Retirement Real Estate Investing

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Page 1: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

EckstonePartners

Retirement Real Estate Investing

Page 2: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

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Market comparables

Sales ComparablesRent Comparables 02Comparison Chart

SECTION SECTION

Table of contents 01

Property Overview 02

Gallery 03AerialLocationInteriorExteriorFloor Plan

Market data 12

Major Employers

Construction & Absorption

Planned ConstructionOccupancy

5 Year Housing Appreciation TrendsRental Rate Increase TrendsCost of Living IndexDISCLAIMER

The calculations, statements and data presented herein are deemed to be accurate, but accuracy is not guaranteed. They are intended for the purpose of illustrative projections to facilitate analysis. The information provided is not intended to replace or serve as a substitute for any legal, real estate, tax, or other professional advice, consultation or service. The prospective buyer should consult with a professional in the respective legal, tax, accounting, real estate, or other professional area before making any decisions or entering into any contracts pertaining to the property or properties described herein. Neither Beckstone Partners, LLC nor any other subsidiary or affiliate, is an investment company, investment advisor, or tax advisor. Neither Beckstone Partners, LLC nor any other subsidiary or affiliate offers advisory services of any type or nature. Neither Beckstone Partners, LLC nor any other subsidiary or affiliate is a broker-dealer or an investment adviser registered with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority, or any state securities regulatory authority. Neither Beckstone Partners, LLC or any other subsidiary or affiliate sell any type of securities or investments.

IRS CIRCULAR 230 DISCLOSURETo ensure compliance with requirements by the IRS, we inform you that any U.S. tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.

Longwood Square townhomes

Page 3: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

PROPERTY Highlights

Beckstone is pleased to present a self directed IRA opportunity within Longwood Townhomes located in the town of Marietta, Pennsylvania. Longwood Townhomes is 51 spacioussingle family townhome community constructed in 2013. These townhomes consist of 3 bedrooms and 2 and half bathrooms with an open floorplan totaling 1,380 square feetaccompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator, stove andmicrowave. The highest and best use of these properties is for the Self-Directed IRA Consumer to collect cash flow and capture the appreciation during their hold period tillretirement and endow capital in a tax sheltered, stabilized investment.

The subject properties are conveniently located 3 minutes off of the Route 30 Bridge, the primary traffic junction between York and Lancaster Counties. Marietta is the crossroadsbetween Harrisburg, York and Lancaster making it the ideal crossroad for Central Pennsylvania. Their location is a 20 to 30 min. traffic free commute to the top ten majoremployers for York, Lancaster, and Dauphin Counties like State and Local Governments, Mutual Assistance Group, THLP CO Inc., Manheim Remarketing Inc., Wellspan MedicalGroup, Cwork Solutions LP and others.

Relaxed and welcoming, Marietta carefully preserves its 19th century flavor and architecture. More than half of the town is designated as a National Historic District, which containshistoric brick mansions and working-class row homes. Marietta also hosts independent and charming art galleries, antique stores, and coffee shops; perfect for those seeking aquiet moment to rediscover the past. Marietta is surrounded by three golf courses on its outskirts and is situated right on the Susquehanna River with a variety of out-door activitiesfor everyone to enjoy.

This opportunity presents a strong stabilized product in a well located area. The 20 year strategic plan hedges your capital against inflation while generating cashflow to add to yourwell deserved retirement. Investing in a brick and mortar asset helps diversify your retirement portfolio in a tax free or tax deferred property. The subject property offers 212k incashflow and a projected 89% appreciation value (136k) over a 20 year hold term totaling an expected profit of 348k. These properties are an ideal play in sheltering hard earnedmoney and investing in your future.

PROPERTY OVERVIEW

▪ New Construction | Built 2013▪ Tax Sheltered Investment▪ 10 year Leveraged IRR | 32.21%▪ Appreciation Recapture▪ 3 Year Trailing 99% Occupancy▪ No Deferred Maintenance▪ Spacious Floor Plan | Modern Appliances▪ Desired Sub-Market | Crossroads of 3 Cities

. Beckstone Partners has aligned your asset’s management with vetted and experienced companies that

service York, Adams, Lancaster, Dauphin, PA areas. These companies have strong local ties with tenants

which dramatically decreases the probability of outstanding vacancies. On a 400+ unit portfolio these companies accomplish a 97% occupancy rate making

them the most competent and capable management in securing your retirement.

Management

Page 4: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

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Page 5: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

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Page 6: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

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Page 7: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

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Page 8: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

Protect your money,

Invest in your future

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Page 9: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

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Spacious Kitchen

Modern Appliances

Page 10: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

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Finished Bathrooms

3 bedrooms

Page 11: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

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Unfinished Basements

Back decks

Page 12: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

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1-Car Garage

Complete with Driveway

Page 13: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

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Great Location

Desired Neighborhood

Page 14: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

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Floor Plans

Page 15: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

Lancaster Major Employers

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3,600+ Employees 5,000 Employees

4,000+ Employees2,500+ Employees

15,000+ Employees 2,500+ Employees

Page 16: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

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Sales & Rent Comparables

RECENT SALES COMPARABLESLongwood (Subject) $159.35 PER SQ. FOOTMasonic Drive $190.81 PER SQ. FOOTCedar Holw $123.44 PER SQ. FOOTWorthington $145.80 PER SQ FOOTArrow Head $182.29 PER SQ. FOOTHuntington $107.97 PER SQ. FOOT

RENT COMPARABLES (100% Occupied)Longwood (Subject) $1,300 $.94 PER SQ. FOOTHillside $1,350 $0.84 PER SQ. FOOTLakeside Crossing $1,350 $0.75 PER SQ. FOOTMasonic Drive $2,000 $1.21 PER SQ. FOOTSpringbrook $1,595 $0.79 PER SQ FOOT

Data Collected: Beckstone Market Study

Page 17: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

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0

0.2

0.4

0.6

0.8

1

1.2

1.4

$0

$500

$1,000

$1,500

$2,000

$2,500

Longwood Hillside Lakeside Crossing Masonic Drive Springbrook

3 Bedroom 2.5 Townhomes Per SQ. Foot AVG Rent AVG Per SQ. Foot

Average Rents

$1350Average Rent 3 Bedroom UnitsIn Lancaster

$0.95 Average RentPer Square FootIn Lancaster

Data Collected: Beckstone Market Study

Page 18: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

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Absorption & Available Property Data Collected: CoStar

Data reflects lack of inventory supports strong demand & lower vacancies

Page 19: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

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Building Permits

Units Under ConstructionConstruction starts on units

Data Collected: CoStar

Construction slow to keep pace with demand

Page 20: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

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Average Market occupancy Data Collected: CoStar

Occupancy demand grows stronger

concreting the stability of your investment

Page 21: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

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5 year market appreciation analysisData Collected: Trulia

Page 22: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

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Rents rising Steadily Data Collected: CoStar

High demand coupled with low inventory

allows a steady growth in rates to keep ahead of the pace of inflation

Page 23: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

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Cost of living index:Lancaster County | Pennsylvania | Nationwide

0 20 40 60 80 100 120 140

Cost of Living

Grocery

Health

Housing

Median HomeCost

Utilites

Transportation

Lancaster Pennsylvania USA Cost of living is 6% less than the national average

Tenants pay more in utilities than the landlord

Goods and Services cost more

Low housing costs compensate for inflated prices in other

industries

Page 24: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

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Page 25: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

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Page 26: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

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Page 27: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

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Page 28: Eckstone Partners - LoopNet · accompanied with a 1 car garage and plenty of parking. Longwood comes equipped with a modern appliance package that includes a dishwasher, refrigerator,

Retirement Real Estate Investing

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Call or Email a Representative Today:

(515) [email protected]

DISCLAIMERThe calculations, statements and data presented herein are deemed to be accurate, but accuracy is not guaranteed. They are intended for the purpose of illustrative projections to facilitate analysis. The information provided is not intended to replace or serve as a substitute for any legal, real estate, tax, or other professional advice, consultation or service. The prospective buyer should consult with a professional in the respective legal, tax, accounting, real estate, or other professional area before making any decisions or entering into any contracts pertaining to the property or properties described herein. Neither Beckstone Partners, LLC nor any other subsidiary or affiliate, is an investment company, investment advisor, or tax advisor. Neither Beckstone Partners, LLC nor any other subsidiary or affiliate offers advisory services of any type or nature. Neither Beckstone Partners, LLC nor any other subsidiary or affiliate is a broker-dealer or an investment adviser registered with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority, or any state securities regulatory authority. Neither Beckstone Partners, LLC or any other subsidiary or affiliate sell any type of securities or investments.

IRS CIRCULAR 230 DISCLOSURETo ensure compliance with requirements by the IRS, we inform you that any U.S. tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.