450 Heights – Colombia

450 heights

INVESTMENT HIGHLIGHTS

Minimum Investment:$500,000
Total Equity:$51,000,000
IRR:24.1%
Equity Multiple:2.67x
Total Deal Size:$141,000,000
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A planned mixed-use community located in Alto de las Palmas (Medellin metro).  The development calls for 300 apartments (150 for-sale and 150 for-rent), 28,000 SM of office, 10,000 SM of retail/commercial and an 80 room hotel branded by The Charlee Hotel. (they have another Charlee Hotel in Medellin in Parque LLeras).

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