We take immense pride in sharing with you one of our most distinguished accomplishments, a testament to our expertise in real estate development. This exemplary project demonstrates our unwavering commitment to delivering extraordinary value to our investors and validates the trust they place in our capabilities.
Project Spotlight: Yarmouth Commons Mixed-Use Development
In December 2020, SaltMarsh Capital successfully raised $730,000 in equity capital to finance the acquisition and development of an innovative mixed-use property situated in the vibrant community of Yarmouth, Maine. The project encompassed 18 thoughtfully-designed residential units and 4 small commercial spaces, impeccably catering to the dynamic needs of the local market.
Investment Performance and Returns
Our meticulous project management and execution enabled us to complete the development ahead of schedule, culminating in a remarkable investment exit in September 2022. The strategic positioning and timely delivery of the property facilitated a total return of $1,267,000 to our investors, signifying a 74% cumulative return and an impressive internal rate of return (IRR) of 38%.
The exceptional performance of the Yarmouth project has substantially bolstered investor confidence in our expertise. As a resounding endorsement of their satisfaction, our investors reinvested their returns into our subsequent capital raise at a rate of 125%. This reinvestment exemplifies the steadfast faith our investors hold in our ability to consistently create value on capital investment.
Why Partner with Us
Our illustrious track record in real estate syndication speaks volumes about our proficiency in the sector. By collaborating with us, you can capitalize on our industry-leading expertise and proven strategies to access high-potential investment opportunities in real estate. Our primary objective is to generate long-term value for our investors by identifying, structuring, and managing projects that yield attractive returns.
Become a part of our esteemed network of investors and leverage our experience to diversify your investment portfolio and attain your financial objectives.
Don't miss the opportunity to participate in our next exceptional real estate syndication venture. Contact us today to learn more about our upcoming projects and discover how you can join our thriving investment community.
Total Equity Raised: $730,000
Target IRR: 20%
Time to Return: 21 months
Cumulative Return: 74%
IRR = 38%