Project Description Central Suites Tower is an exclusive building - - PowerPoint PPT Presentation
Project Description Central Suites Tower is an exclusive building - - PowerPoint PPT Presentation
Project Description Central Suites Tower is an exclusive building located in the Southwest of Santo Domingo, Dominican Republic. It has 72 apartments and 10 levels, located in the prestigious sector of Serralls, wich is one of the most famous
Project Description
Central Suites Tower is an exclusive building located in the Southwest
- f Santo Domingo, Dominican Republic. It has 72 apartments and 10
levels, located in the prestigious sector of Serrallés, wich is one of the most famous and trendy districts of the city, Central Suites Tower will be managed as a premium hotel. Each suite has been designed to be suitable for a variety type of guests, from business people to leisure travelers Central Suites will be an excellent option for both, short and long stays, counting with a full supply of bedding appliances, Wi-Fi, cable TV and space for 4 people. The project include a pool, gym, lounge bar & Bistro, business center and covered parking. Net of administrative costs and structural costs, the annual return on investment is estimated between 8% and 13%. Nearby places: ✓ Banks ✓ Malls ✓ Supermarkets
✓ Restaurants ✓ Pubs
Project Outcomes
Almost 80%
SOLD
95% Projected Occupancy Up to 12% Projected Returns
Just 15 Units Left A unique investment opportunity
Project Overview
Parking & First Level Plan
Guestrooms & Common Spaces Plan
Project Renders > Entrance & Lobby
Project Renders > Lobby & Business Center
Project Renders > Floor Plan
Project Renders > Pool Area
Project Renders > Bar Lounge & Bistro
Available Units
Apartments Available Floor Investment
2E Second $ 114,970.00 2F Second $ 117,970.00 2G Second $ 117,970.00 3E Third $ 114,970.00 3G Third $ 117,970.00 4F Fourth $ 118,970.00 4H Fourth $ 131,970.00 5A Fifth $ 122,970.00 5F Fifth $ 124,970.00 8F Eighth $ 134,970.00 9B Ninth $ 127,970.00 9C Ninth $ 127,970.00 9D Ninth $ 127,970.00 9F Ninth $ 134,970.00 10E Tenth $ 146,970.00
Last apartments available
Economic Projections
Daily rate: USD 85.00 Occupancy rate Gross income Management Fee (30%) Maintenance Services * Net income
80% $ 1,787,040.00 $ 536,112.00 $ 120,960.00 $ 172,800.00 $ 957,168.00 85% $ 1,898,730.00 $ 569,619.00 $ 120,960.00 $ 172,800.00 $ 1,035,351.00 90% $ 2,010,420.00 $ 603,126.00 $ 120,960.00 $ 172,800.00 $ 1,113,534.00 95% $ 2,122,110.00 $ 636,633.00 $ 120,960.00 $ 172,800.00 $ 1,191,717.00
* Services (Electricity, Water, Internet, cable TV, etc.) are projections based on a market average, all prices will be optimized.
Economic Projections
Apartment Investment Furnishing Project Percentage (%) Earnings at 85%
- ccupancy
Performance at 85% occupancy 2E $ 114,970.00 $ 12,000.00 1.243% $ 12,869.41 10.14% 2F $ 117,970.00 $ 12,000.00 1.267% $ 13,117.90 10.09% 2G $ 117,970.00 $ 12,000.00 1.126% $ 12,538.39 9.65% 3E $ 114,970.00 $ 12,000.00 1.279% $ 13,242.14 10.43% 3G $ 117,970.00 $ 12,000.00 1.303% $ 13,490.62 10.38% 4F $ 118,970.00 $ 12,000.00 1.328% $ 13,749.46 10.50% 4H $ 131,970.00 $ 12,000.00 1.389% $ 14,381.03 9.99% 5A $ 122,970.00 $ 12,000.00 1.279% $ 13,242.14 9.81% 5F $ 124,970.00 $ 12,000.00 1.364% $ 14,122.19 10.31% 8F $ 134,970.00 $ 12,000.00 1.559% $ 16,141.12 10.98% 9B $ 127,970.00 $ 12,000.00 1.474% $ 15,261.07 10.90% 9C $ 127,970.00 $ 12,000.00 1.474% $ 15,261.07 10.90% 9D $ 127,970.00 $ 12,000.00 1.474% $ 15,261.07 10.90% 9F $ 134,970.00 $ 12,000.00 1.645% $ 19,603.74 13.34% 10E $ 146,970.00 $ 12,000.00 1.706% $ 17,663.09 11.11%
Returns from 9% to 13% At 85% occupancy
Annual Projections > 50% Loan
Apartment Investment Project Percentage (%) Loan amount (50% of the cost) Loan interest rate (8.5%) Gross earnings at 85%
- ccupancy
Net earnings at 85%
- ccupancy
ROE after loan payment 2E $ 114,970.00 1.243% $ 57,485.00 $ 4,886.23 $ 12,869.41 $ 7,983.19 14% 2F $ 117,970.00 1.267% $ 58,985.00 $ 5,013.73 $ 13,117.90 $ 8,104.17 14% 2G $ 117,970.00 1.126% $ 58,985.00 $ 5,013.73 $ 11,658.05 $ 6,644.33 11% 3E $ 114,970.00 1.279% $ 57,485.00 $ 4,886.23 $ 13,242.14 $ 8,355.91 15% 3G $ 117,970.00 1.303% $ 58,985.00 $ 5,013.73 $ 13,490.62 $ 8,476.90 14% 4F $ 118,970.00 1.328% $ 59,485.00 $ 5,056.23 $ 13,749.46 $ 8,693.24 15% 4H $ 131,970.00 1.389% $ 65,985.00 $ 5,608.73 $ 14,381.03 $ 8,772.30 13% 5A $ 122,970.00 1.279% $ 61,485.00 $ 5,226.23 $ 13,242.14 $ 8,015.91 13% 5F $ 124,970.00 1.364% $ 62,485.00 $ 5,311.23 $ 14,122.19 $ 8,810.96 14% 8F $ 134,970.00 1.559% $ 67,485.00 $ 5,736.23 $ 16,141.12 $ 10,404.90 15% 9B $ 127,970.00 1.474% $ 63,985.00 $ 5,438.73 $ 15,261.07 $ 9,822.35 15% 9C $ 127,970.00 1.474% $ 63,985.00 $ 5,438.73 $ 15,261.07 $ 9,822.35 15% 9D $ 127,970.00 1.474% $ 63,985.00 $ 5,438.73 $ 15,261.07 $ 9,822.35 15% 9F $ 134,970.00 1.645% $ 67,485.00 $ 5,736.23 $ 17,031.52 $ 11,295.30 17% 10E $ 146,970.00 1.706% $ 73,485.00 $ 6,246.23 $ 17,663.09 $ 11,416.86 16%
Up to 17% ROE After interest payment you could receive up to $11,426.86 at 85%
- ccupancy
Monthly Projections > 50% Loan
Apartment Investment Project Percentage (%) Loan amount (50% of the cost) Loan interest rate (8.5%) Gross earnings at 85%
- ccupancy
Net earnings at 85%
- ccupancy
2E $ 114,970.00 1.243% $ 57,485.00 $ 407.19 $ 1,072.45 $ 665.27 2F $ 117,970.00 1.267% $ 58,985.00 $ 417.81 $ 1,093.16 $ 675.35 2G $ 117,970.00 1.126% $ 58,985.00 $ 417.81 $ 971.50 $ 553.69 3E $ 114,970.00 1.279% $ 57,485.00 $ 407.19 $ 1,103.51 $ 696.33 3G $ 117,970.00 1.303% $ 58,985.00 $ 417.81 $ 1,124.22 $ 706.41 4F $ 118,970.00 1.328% $ 59,485.00 $ 421.35 $ 1,145.79 $ 724.44 4H $ 131,970.00 1.389% $ 65,985.00 $ 467.39 $ 1,198.42 $ 731.03 5A $ 122,970.00 1.279% $ 61,485.00 $ 435.52 $ 1,103.51 $ 667.99 5F $ 124,970.00 1.364% $ 62,485.00 $ 442.60 $ 1,176.85 $ 734.25 8F $ 134,970.00 1.559% $ 67,485.00 $ 478.02 $ 1,345.09 $ 867.07 9B $ 127,970.00 1.474% $ 63,985.00 $ 453.23 $ 1,271.76 $ 818.53 9C $ 127,970.00 1.474% $ 63,985.00 $ 453.23 $ 1,271.76 $ 818.53 9D $ 127,970.00 1.474% $ 63,985.00 $ 453.23 $ 1,271.76 $ 818.53 9F $ 134,970.00 1.645% $ 67,485.00 $ 478.02 $ 1,419.29 $ 941.27 10E $ 146,970.00 1.706% $ 73,485.00 $ 520.52 $ 1,471.92 $ 951.41