Air BnB

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Our business model is simple- Buy the building and Air BnB it. Grow the business as the real estate appreciates in value. Sell both in 3-5 years.
— Jim Simcoe

Investment Summary

Invest in the fund to purchase the units in the 314 Beach Lofts project

$50,000 minimum investment

Quarterly profit payments start in 6 months Hold time is 3-5 years

Exit plan is to sell the Air BnB business AND the property within 3-5 years

**Investors who contribute $100k or more get a 7 days free stay at the property annually!

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Project Summary - 314 Beach Lofts

  • Address: 314 N. Cleveland Street, Oceanside, CA, 92054

  • Description: Vacation rental lofts in a walkable urban community by the beach in Oceanside, California

  • 10 residential lofts, 2 retail condos

  • Mix of 2 & 3 bedroom lofts, 1000-2100 square feet Oversized patios

  • 2 community decks & ocean view deck

  • Approx. total retail square feet = 1370

Exit Plan

Build 314 up as a successful Air BnB master community for 3-5 years

Collect quarterly profits and distribute out to investment team

Sell business AND property in 3-5 years

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Investment Specifics

You are investing in the company that owns both the 314 Beach Lofts property and the Air BnB business running it.

$50k minimum investment.

$100k+ investment gives you both a preferred rate of return of 7% annually and a 1 week free vacation stay every year.

Profits will be paid quarterly starting Q3 2019. Foreign investment is allowed.

Our Competitive Advantages

Brand new luxury homes with upgraded appliances & finishes Big windows, lots of natural light

Close to everything (beach, restaurants, shops, transit, etc) HOAs written specifically for Air BnB

Luxury vacation property feel (big windows, wide walkways, open floor-plans, oversized patios, etc)

Executive team is made up of experts in Air BnB investing and real estate development

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Why This Deal Works

Very little competition: 314 is the only new construction in the immediate market that legally allows short-term rentals.

Large target market of vacationers looking for short-term stays year round in Oceanside.

Lots of amenities for vacationers including ocean view deck, 2 patios, oversized balconies, extra storage, oversized elevator, etc.

Walkable community-Since renters do not need a car we can charge a premium for the units.

Risk Mitigation

Very little competition: 314 is the only new construction in the immediate market that legally allows short-term rentals.

Large target market of vacationers looking for short-term stays year round in Oceanside.

Lots of amenities for vacationers including ocean view deck, 2 patios, oversized balconies, extra storage, oversized elevator, etc.

Walkable community-Since renters do not need a car we can charge a premium for the units.

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Project Amenities

  • HOAs written specifically for Air BnB usage (3-day minimum stays vs. traditional 30 day minimums)

  • Solar- reduce utility bills and overall operational costs Oversized patios

  • Ocean view deck & community bbq area

  • Oversized elevator & sky walkways

  • Car lifts

  • Steel construction- stronger, safer, more energy efficient Brand new construction

Green Aspects to the Project

Project is designed to be the most energy-efficient luxury lofts in coastal San Diego.

Project is built with steel framing (using very little wood)so that it is stronger and more sustainable than 90% of comparable properties.

Green home features (solar, daylighting design, etc) means utility costs are considerably reduced, thus increasing profits.

Smart home design features (Nest thermostats, auto controls etc)

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To Learn More About Investing Contact:

Jim Simcoe

760-271-7128

Jim@SimcoeCapital.com

Text/call for fastest response.