Tommy Dobczyk pitches an RV storage project mixed with Topgolf, a theater, laundromat, and toy store. The deal projects $2.2M gross rent, 14% NOI, and 8.3% net yield, structured to pass bank underwriting. Opportunity Zone incentives sweeten the financing.
Did you see the deals today in the deal room?
So Blake had a pretty extensive idea about how to do this RV storage place. I thought of RV storage met, met Topgolf slash Arkans Theater slash a laundromat. So like literally like the idea that Blake presented was like, oh my God. So yeah, Club Mesa. We got into that because of the fact that there's the big push for Industrial Flex Toy Store, Toy Garage. So anyway, the price on this shows that with rents, you're looking at a 2.2 gross with a stabilized NOI of about 14, which gives you a net yield of about 8.3%. And this is again, numbers the bank wants to see. So Opportunity Zone, so we're gonna crank this up so that you're able to, to, to continue to sponsor this thing out and get it, get it where it needs to be next level. Well, I'm gonna turn the wheel back over to you as long as you want to drive. You guys heard her say that we both get to drive. Right, can I have witnesses for that? Raise your hand.
This is like, this is like the student driver's seat. You're the student driver and I can