1001—IRA-401K-RealEstate Investment Opportunity 2008

Introducing…Trail Creek Crossing, the first truly mixed-use development in Victor,
Idaho, providing Victor residents with the opportunity to live, work and play in the Teton Valley. Featuring residential lofts,
commercial office and retail space in the heart of the Teton Valley and at the foot of the Mountains.
Trail Creek Crossing offers the surrounding community many benefits, including:
• a home within walking distance of future retailers such as coffee shops, banks or convenience stores;
• a place of employment within walking distance of home; and
• a home situated at the foot of the Trails and Pathways network of pedestrian, bicycle and cross country skiing pathways.
Trail Creek Crossing is located on the south side of Highway 31 at the intersection with Pole Canyon Road and at the western limit
of the current Victor Central Business Zone. In this location it may be considered as the western gateway to downtown Victor. It is
also situated in the heart of the dominant residential development area of expanding Victor.
The vision for Trail Creek Crossing is to create a “mountain village”. The proposed buildings are designed to be distinctive elements
with a refined, rustic feel, emphasizing the strong western mountain culture of Victor and leveraging best possible use of trails and
pathways surrounding the development.
Property Details
• Approx. 6.32 acres
• Zoned central business
• Three mixed-use commercial buildings
• Total nett area approx. 122,000sqft
o 92,000sqft commercial
o 30,000sqft residential lofts
• Residential lofts to be sold individually as
condominiums
Funding Model
• Equity: $6m (incl. Land)
• Mezz/Other: $1.4m
• Debt:
o Phase 1 $8.5m
o Phase 2 $10.8m
• Total Price: $36.5m (both phases)
• Cap. Rate. 6.77%
Timing and Stages
Phase 1 – Building 1 and Infrastructure
• 48,000sqft nett
• 18,000sqft retail / 16,000sqft office / 14,000sqft loft
• construction starts Spring 2008
• occupancy scheduled for Summer 2009
Phase 2 – Building’s 2 & 3
• 74,000sqft nett
• building 2: 16,000sqft retail / 16,000sqft office /
16,000sqft loft
• building 3: 26,000sqft mixed commercial
• construction starts Spring 2009
• occupancy scheduled for Summer 2010

[...] http://blog.ira-401k-realestate.com/2008/02/24/frontline-video-roll-your-ira-into-real-estate 0.07968 0.04409 0.15 0.19409 9 66 1 15 ira real [...]