Introducing the ActivCare Income Fund
The ActivCare Income Fund, LLC is designed to provide investors with monthly cash distributions of available net operating profits and real estate value appreciation potential over an expected 5 to 7-year holding period.
The Fund will seek to acquire up to four state-of-the-art assisted living communities that specialize in memory care. All communities will be in prime Southern California locations, and will be leased and operated by affiliates of ActivCare Living, an innovative leader with over 30 years of experience in operating senior living facilities with a focus on memory care.
Investors should read the entire Offering Circular before investing.
This offering represents a unique opportunity for qualified California residents to invest in newly-built, income-producing real estate (and its associated businesses) in affluent Southern California locations. Acquisition cap rates will range from 7.75% to 8.50% based on appraisals obtained from independent third parties using an assumed “Market Value at Stabilization” based on an assumed occupancy rate of 90%. Key investment highlights include:
Monthly Income – To the extent of available cash flow, the investor is entitled to receive the greater of a 7% annualized preferred return or 75% of cash available for distribution from the Fund (after debts and expenses including management fees paid to affiliates of ActivCare), paid monthly.
Appreciation Potential – Investors are entitled to receive 75% of the net proceeds from a sale or other capital event, after payment of debts and expenses and return of 100% of investors’ original investment.
Tax Pass-Through – Taxable income, depreciation, amortization and capital gains are passed through to all members of the Fund.
Holding Period – The Fund will seek to return investors’ principal within 5 to 7 years (see Exit Strategies).
Each investor must be a California resident and must have either (a) a net worth (exclusive of home, furnishings and automobiles) of at least $250,000 and an annual gross income of at least $65,000, or (b) a net worth (exclusive of home, furnishings and automobiles) of at least $500,000. The investment must not exceed 10% of the investor’s net worth (exclusive of home, furnishings and automobiles).
As this investment will be illiquid during the holding period, it is only appropriate for investors who are able to retain their investment for the expected 5 to 7-year period.
For more information about the ActivCare Income Fund or to invest,
contact Courtlandt Securities Corporation (800) 994-7094.