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Land Investment Opportunity

Land Investment Opportunity

Great Deal on a Great Piece of Land!

We are calling for more investors to join in the purchase of our second, 4.1 acre parcel of land.  This includes the existing home, large yard, and shed and barn buildings.  The Home Place LLC will purchase and hold the land until the time of the construction loan, at which point Ravens' Roost Cohousing LLC will purchase it.

We have already raised $650,000, and are looking for an additional $200,000.  Minimum investment: $100,000.  Rate of return: 6%.  We need the funds by August 15.
Ravens' Roost Cohousing anticipates getting a construction loan in February 2014 and breaking ground in spring 2014, although it's possible that the schedule may be extended by a year or more -- it depends on the rate at which we acquire new members.

If the cohousing were not built, the value of the land and the decision-making power will be divided among the group of investors according to the percentages of the amounts invested. There are currently four members of The Home Place LLC (we got that name from the current land owner, Arne Link, who has referred to his home site as "The Home Place" since 1948).

For more details, please call Ravens' Roost member Chris at 345-7928.

Thank you for helping make Ravens' Roost Cohousing a reality!


For many more details on Ravens' Roost Cohousing, visit our web site:
www.ravensroostcoho.org

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