We do ALL the work, you enjoy tax-advantaged passive income in a soaring asset
class.
Class A cash flowing investment in one of the fastest growing suburbs in the entire
country.
Invest in a hard asset, without wild swings like the stock market or
cryptocurrency.
You will benefit from our cost segregation studies to help offset taxable income by advancing our depreciation cycle.
In October 2022, the median listing home price in Lake Wales, FL was $300K, trending up 14.3% year-over-year. The median listing home price per square foot was $177. The median home sold price was $280K.
Homes in Lake Wales, FL sold for 2% below asking price on average in October 2022
Lake Wales, FL is a balanced market in October 2022, which means that the supply and demand of homes are about the same.
Median Days on Market: 88 Days
9.8%
Projected Gross Rental Yield
23%
Projected Avg Cash-on-Cash
27.9%
Projected Annualized Return
23%
Projected Avg Cash-on-Cash
you invest
Accredited investors purchase units in the fund and become limited partners receiving a K-1 for annual profit and depreciation generated by the business activity.
WE BUY
Our well established network of real estate professionals regularly bring off market deals generally not available to average investors.
WE MANAGE
Generally the least attractive aspect of owning real estate, our professional management team handles all the day to day aspects that come with tenants and property maintenance.
WE COLLECT
Income generated by rentals, tax liens and vacant land sales is collected on a monthly basis.
WE DISTRIBUTE
Profit is paid monthly and can be taken as a cash distribution or rolled back into the fund to acquire additional units.
Receive monthly cash-flow while building significant equity over time due to appreciation and declining loan balance.
BONUS DEPRECIATION against all passive income (and active income for real estate professionals).
Invest now without worrying about a future interest rate increase. This unique program is only available through Countrywide !
No hassle property management! Your investment will come with a top-notch property management company.
Rents and sub-market confirmed by 3rd party market study.
Investor-friendly new construction significantly reduces maintenance, increases tenant desirability, and comes with warranties and guarantees.
We invest in tax friendly and landlord investor friendly areas.
What are you waiting for?
Invest today and join us on the journey to developing Central Florida, addressing our housing shortage, benefiting from tax savings, earning passive income; did you just find a real win-win partnership? We believe you did!
We are building a Class A 100 unit single family home (“SFR”) community of directly on the Central Florida corridor. Each SFR unit will vary from one to two stories and comfortably sized at 1100-1500 square feet, with 3 bedrooms and 2.5 bathrooms. The design features an open-living concept with large spaces for comfortable living.
By using block (one story) and block + stick-built construction we are able to complete the project extremely quickly using a simple, proven method that is relatively inexpensive.
VFB Single Family Subdivision Project has been designed to be investor-friendly while meeting the needs and desires of tenants, including:
Because it’s brand new, your property comes with a 10 year structural and a 12 month product warranty. Unlike older properties, you won’t have the expense and hassle of replacing the roof, installing a new hot water heater, or upgrading the HVAC system anytime soon.
For many years the number of new housing units built has not kept pace with demand. From 1968 to 2000, annual demand was 1.51M units but only 1,061,000 units were built. From 2001 to 2020, annual demand dropped to 1.3M but only 947,400 units were built. It is estimated that 2.5M units need to be built annually for the next 10 years to make up for the shortfall.
This severe shortage of new housing supply is creating a large demand driver for multifamily housing.
According to Zumper, Lake Wales, FL Housing Market rents rose nearly 15% for one- and two-bedroom units from April 2021 to April 2022.
With a staggering 60% of Americans lacking the funds to buy a home, the build-to-rent (BTR) industry is taking off. And as record-high housing prices continue to rise higher, BTR will see even more demand. BTR is already the fastest growing vertical in real estate!
“Build-to-rent communities offer families the space they need even if they lack the budget to buy such a spacious home. There are two groups who gravitate toward BTR: those who cannot afford a home, whether because of the higher monthly cost or the lack of funds for a down payment, and those who are renters by choice.”
Brad Hunter, President, Hunter Housing Economics
Housing demand surged during the pandemic and now 15 million households, representing 35% of renting households, rent single-family homes rather than multi-unit apartments. And post-pandemic this is expected to accelerate even more.
“The new build to rent product is considered safer and better performing. The fact that it doesn’t have to be renovated and can be designed to incorporate the latest amenities and features, i.e., technology, that renters demand is no small factor as well.”
Doug Yearly, CEO, Toll Brothers
As a result of the extensive market research and analysis we thrive on at Countrywide Investments, we are an early adopter of the BTR revolution.
" Prices for US homes will climb another 16% through 2022. Of all the shortages affecting the US economy, the housing shortage might last the longest. ”
When you invest in The VFB Single Family Subdivision Project your investment acts as the foundation for a long-term wealth-growth strategy with a hassle-free asset.
Principal goes down over time as the loan is repaid (by your tenants). Plus, the value of the property increases due to rising rents year-over-year and appreciation.
Tax incentives such as depreciation, bonus depreciation, cost segregation, and 1031 exchanges may lower your taxes. In fact, many real estate investors do not pay any tax on their cash-on-cash return.
This money can be spent or invested in a new property, while you continue to enjoy cash flow and appreciation on the original property. In the case of this Fund we intend on refinancing, paying off construction loan and surplus funds get returned to investors.
Rents and sub-market confirmed by 3rd party market study.
Savvy and experienced real estate owners know good property management is critical for success. As part of this unique turnkey offering, we have partnered with Countrywide Realty Partners, LLC PM division., a full-service, internal, property management firm.
They have invested heavily in the development of proprietary systems and processes that eliminate many of the administrative responsibilities of property management, allowing you to focus on your other priorities.
CRPPM provides hands-on property management and is committed to providing the highest standards of service and integrity to their clients.
Lake Wales, FL hosts 17 public schools rated good and higher by GreatSchools. You can also find 5 private and charter schools. Here are the best public schools in Lake Wales, FL:
|
Rating
|
School Name
|
Grades
|
Review
|
|---|---|---|---|
|
8/10
|
Chain Of Lakes Elementary School
|
PK-5
|
|
|
Hillcrest Elementary School
|
PK-5
|
|
|
|
5/10
|
Polk Avenue Elementary School
|
PK-5
|
|
|
3/10
|
Janie Howard Wilson School
|
PK-5
|
|
|
2/10
|
Spook Hill Elementary School
|
PK-5
|
|
|
2/10
|
Ben Hill Griffin Jr Elementary School
|
3-5
|
N/A
|
|
N/R
|
Frostproof Elementary School
|
PK-2
|
|
#5 on States with Fastest Growing Economies by USA today
#2 on ChiefExecuitve.com for Best States for Business
#3 for Small Business and Entrepreneurship Council
#4 for TheBalance.com’s Best Business States List
#1 tax climate in the southeast
#4 in the country
#1 tax climate in the southeast
#4 in the country
Unemployment rate declined steadily to 3.2% since reaching a peek of 11.2% in 2010
3rd Most Populous state with 21 million residents
Vacancy rates dropping statewide show demand for CRE Market
52% Female/Male Avg Age is 39 Years Old
Avg Household Earnings $44K 28% in Poverty
Days of Sunshine Tree Coverage Average Tree Covering
Compared with the National Average
16% with College Degree 76% with High School Diploma
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H: 86°F L: 64°F
Show More Monthly Average
Amazon on Wednesday said it will create more than 500 full-time jobs starting at $15 an hour in Auburndale, at a fulfillment center that will handle orders for large items like sports equipment, patio furniture, fishing rods, pet food, kayaks and bicycles. Employees at the new fulfillment center will have “comprehensive benefits on day one,” Amazon said.
©2022 Countrywide Capital Group, LLC.