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Re: goingUPagain post# 9063

Thursday, 07/28/2022 9:23:39 AM

Thursday, July 28, 2022 9:23:39 AM

Post# of 9180
Go to the DEVM , Devmar website, click on any development , like the one that is completed in Florida , St. Pete Vantage
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It has 217 rental units , click on the link to the facility in the description and look at the going rate average , it has dropped slightly below $3,000 per unit , was much higher but the market has dropped.
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So St. Pete Vantage say 217 units , not always 100 percent occupied, so lets say the 200 units are occupied at $2,700 average per year (low from what it was first leased out at ) around $6,500,000 per year . Plus they have retail leases on the bottom .
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There ROI on these facilities is amazing .

TIME is an ILLUSION
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TIMING is an actual ART