LIFEHOPE MEDICAL CENTRE,
(RH MEDICAL 10),
A MEDICAL OFFICE BUILDING
ALPHARETTA, ATLANTA, U.S.A
DEAL VALUE: $61 750 000
MEDICAL OFFICE BUILDING: 117 355 square feet
DEBT: $28 500 000
EQUITY AVAILABLE: $3 820 470
INVESTMENT IN PROPERTY: $3 500 000
PROJECT DURATION: 3 years with options to extend with 1 + 1 year
TARGET INVESTOR CASH ON CASH: 9,0%
CAPITAL GAINS ON INVESTMENT: 16%
The LifeHope Medical Center Building consists of a 117,355 SF building in Alpharetta, Georgia and is located in one of Atlanta’s most affluent, high growth corridors, typified by golf course communities, high-end retail and class "A" office parks, many of which are anchored by Fortune 500 companies. The property is 100% pre-leased on 10 to 20-year leases. The investment will ensure capital preservation, during the investment period of 3 years.
Wealth Migrate as a platform is an international leader in real estate investment, but more so than that, we have a successful track record when it comes to medical real estate too. We closed our first seven-building medical facility in the metro of Atlanta for $16.3 million on 28 August 2014.
We increased the value of the investment by expanding the building jointly with a tenant which resulted in additional rental income via expansion of +/-$40,000/per annum, which translated into $552 476 of additional value to the investment value. The investment has performed above original forecast and paid 9.93% annualised for Q2 of 2017.
Wealthmigrate.com is a leading global online investment platform that offers international investors direct access to exclusive real estate investment opportunities in premier markets, including the USA and Australia.
Wealth Migrate was founded in 2010 by renowned global real estate investors Scott Picken and Hennie Bezuidenhoudt. Wealth Migrate partners with best-in-class developers and real estate investment companies, giving investors access to premier real estate opportunities with experienced, on-the-ground partners.