Take a closer look at Knob Hill Estates.
Discover Knob Hill Estates
Discover why Monkey Island at Grand Lake is entering a new era—and why the gateway to the island is the biggest tell. This video breaks down the “Gateway Vision,” featuring Knob Hill Estates as the first community after the bridge, the adjacent Rose Rock Lakeside luxury walkable development, and how it all complements the momentum driven by Shangri-La Resort.
Located on Monkey Island, at the heart of Grand Lake, Knob Hill Estates sits at the gateway to the island. Shangri-La, a world-class golf resort, is the anchor of the island, just a golf cart ride away.
This is a 506c opportunity and is available only to verified accredited investors.
Property & Investment Highlights
Knob Hill Estates is a recently closed 38-home built-to-rent community at the gateway to Monkey Island. We are excited about the basis, financing, long-term location fundamentals and optionality for future development. With the newly revitalized Shangri-La, and the coming development of Rose Rock Lakeside, a $400 million luxury lifestyle community being built on our property’s southern border, life on the island at Grand Lake is getting even better.
Purchase Price
$5.15M
Appraised Value
$6.03M
Total Raise
$2.58M
~$152K Capex
Debt
In-place debt 4.75%
Land
22 acres/40 parcels
Vintage
Built 2012-2019
$250K Minimum investment
8% Preferred Return
18.1% LP IRR
15.2% Cash on Cash Yield
14.5% Avg. Annual Return
2.02x Equity Multiple
Modeled Targets
$50K Minimum investment
6% Preferred Return
17.6% LP IRR
14.6% Cash on Cash Yield
14.2% Avg. Annual Return
1.99x Equity Multiple
Up to a 7 year hold.
Why this property?
Knob Hill Estates is positioned at the gateway to Monkey Island and is the only rental home community on the island, giving it a unique place in a supply constrained market.
Why this market?
Grand Lake and Monkey Island continue to benefit from resort, golf, boating, and lifestyle demand anchored by Shangri-La, the marina, and nearby development.
Market Catalyst: Rose Rock
Rose Rock Lakeside is a $400M luxury lifestyle community of custom homes, restaurants, and retail. Coupled with Shangri-La, the reputation and desirability of the island is improving, increasing area appreciation.
This is a 506(c) offering and is open to verified accredited offers only. Information shown is for informational purposes only and does not constitute an offer to sell securities. Any investment opportunity will be provided through formal offering documents.
Still need more convincing?
Take a look at some of our videos and we’ll let our friend (and fan of Knob Hill Estates) Randy J. Goodwin tell you more. You can find more on our Knob Hill Estates Facebook page.
Take a look at our website for prospective residents of Knob Hill Estates. You can take a virtual tour, check out local amenities, and If you want to rent your own home here, you can schedule a tour or request more information.
Let’s start the conversation!
Fill out the form below and we’ll reach out to you with more information.