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Ownership
Equity Ownership
Luxury Real Estate Investment Partners, LLC ("The Partnership"),
is a select group of individuals having an equity ownership in "The
Partnership". This appreciating equity real estate model will ultimately
provide its partners a portfolio of luxury properties worth in excess
of $12 million dollars.
Conceptually, "The Partnership" has been created
to capitalize on the highly appreciating real estate markets across
the country, while at the same time allowing each of its partners to
maximize their investment by: 1) Providing first class accommodations
for family vacations. 2) Generating year round rental income. 3) And
most importantly, ownership of an appreciable portfolio. "The Partnership"
is an ownership group providing access to not only multi million dollar
homes but around the clock concierge service available to the owners
and guests. These luxury sites are not only located in some of the most
desirable real estate markets in the world, but also in markets that
continue to experience double digit appreciating gains over the course
of the past five years.
Because of the escalating costs of travel, hotel accommodations
and our aging demographics, destination clubs are in great demand. Many
of the current clubs are priced between $200,000 and $600,000. That
payment is only for membership privileges, and includes no equity value.
In other words, there is no participation in the appreciation connected
with these types of real estate investment. This remains the defining
difference in our investment.
Annual Share of Operating Expenses:
Each partnership interest is responsible for annual operating expenses
of $15,000. These payments are used to cover taxes, insurance, mortgage
payments, etc. Management will constantly monitor operating expenditures
and may increase annual payments if necessary.
Service & Amenities
LRIP Partners are offered virtually unlimited access to
luxury homes in some of the most sought out destinations in the world.
Partners can expect homes between $2 and $3 million that are fully furnished
with all of the latest and greatest technologies. We expect to provide
each partner with a custom tailored concierge service unlike like no
other club around. Other benefits include:
- Each homes interior has been designed by one of the nations leading interior designers.
- LRIP management take on the expense and hassle of vacation homeownership.
- You'll enjoy flexible vacations without the limitations of time share ownership.
- You won't have to worry about the unexpected events that are possible with a rental home.
Options & Pricing
Due to LRIP being small and exclusive there is only one type of membership.
LRIP has offered only 30 units and the price of a 1/30th share in the
partnership is $235,000
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