PINNACLE HOUSING GROUP BETH DAVID CONGREGATION AFFORDABLE 55+ HOUSING
RENATE PARIS | DESIGN 10 PROFESSOR OLIVIA RAMOS PROFESSOR JOHN STUART
PINNACLE HOUSING GROUP BETH DAVID CONGREGATION AFFORDABLE 55+ HOUSING
EXISTING SYNAGOGUE 48,667 SQ.FT
AREA USED 24,768 SQ.FT
EXISTING SCHOOL 4,629 SQ.FT
EXISTING SITE 165,324 SQ.FT
132 PARKING SPACES
T6-12 12-FLOOR LIMIT
T6-12 12-FLOOR LIMIT
SHARED TERRACES
T4-R 3-FLOOR LIMIT
132 PARKING SPACES
T4-R 3-FLOOR LIMIT
SHARED COURTYARD
132 PARKING SPACES
STRATEGY DIAGRAMS
RENATE PARIS | DESIGN 10 PROFESSOR OLIVIA RAMOS PROFESSOR JOHN STUART
PINNACLE HOUSING GROUP BETH DAVID CONGREGATION AFFORDABLE 55+ HOUSING
RETAIL SPACE 961 SQ.FT MONTHLY RENT $30.00 GROSS INCOME $345,960.00
B 15
RETAIL SPACE 961 SQ.FT
EXISTING SCHOOL
OFFICES 500 SQ.FT
COMMUNITY ROOM 611 SQ.FT
5 Up
LOBBY
LOBBY
7
A
Up
MEP
JANITOR'S CLOSET
WOMEN
MEN
LAUNDRY ROOM 455 SQ.FT
LIBRARY & COMPUTER LAB 430 SQ.FT
FITNESS CENTER 539 SQ.FT
6
Up
5
5
8
2
EXISTING SYNAGOGUE Up
14
10
10
9
2
2
2
GROUND FLOOR
RENATE PARIS | DESIGN 10 PROFESSOR OLIVIA RAMOS PROFESSOR JOHN STUART
PINNACLE HOUSING GROUP BETH DAVID CONGREGATION AFFORDABLE 55+ HOUSING
Up
A
Dn
Dn
Up
48 UNITS 2 BEDROOM / 2 BATH 875 SQ.FT MONTHLY RENT $800.00
50 UNITS 1 BEDROOM / 1 BATH 648 SQ.FT MONTHLY RENT $700.00
GROSS INCOME $460,800.00
GROSS INCOME $420,000.00
TYPICAL FLOOR
RENATE PARIS | DESIGN 10 PROFESSOR OLIVIA RAMOS PROFESSOR JOHN STUART
PINNACLE HOUSING GROUP BETH DAVID CONGREGATION AFFORDABLE 55+ HOUSING
CORAL WAY ELEVATION
RENATE PARIS | DESIGN 10 PROFESSOR OLIVIA RAMOS PROFESSOR JOHN STUART
PINNACLE HOUSING GROUP BETH DAVID CONGREGATION AFFORDABLE 55+ HOUSING
TOTAL CONSTRUCTION COST
$11,608,934.40
26TH ROAD ELEVATION
RENATE PARIS | DESIGN 10 PROFESSOR OLIVIA RAMOS PROFESSOR JOHN STUART
PINNACLE HOUSING GROUP BETH DAVID CONGREGATION AFFORDABLE 55+ HOUSING
VIEW FROM CORAL WAY
RENATE PARIS | DESIGN 10 PROFESSOR OLIVIA RAMOS PROFESSOR JOHN STUART
PINNACLE HOUSING GROUP BETH DAVID CONGREGATION AFFORDABLE 55+ HOUSING
7TH FLOOR TERRACE
RENATE PARIS | DESIGN 10 PROFESSOR OLIVIA RAMOS PROFESSOR JOHN STUART
PINNACLE HOUSING GROUP BETH DAVID CONGREGATION AFFORDABLE 55+ HOUSING
VIEW FROM 26TH ROAD
RENATE PARIS | DESIGN 10 PROFESSOR OLIVIA RAMOS PROFESSOR JOHN STUART
PINNACLE HOUSING GROUP BETH DAVID CONGREGATION AFFORDABLE 55+ HOUSING
PROJECT VALUE GROSS INCOME OPERATING EXPENSES NET OPERATING INCOME
$15,709,827.84 $1,226,760.00 $377,472.00 $849,288.00
RETURN ON INVESTMENT
5%
VIEW FROM PARKING LOT
RENATE PARIS | DESIGN 10 PROFESSOR OLIVIA RAMOS PROFESSOR JOHN STUART
PINNACLE HOUSING GROUP BETH DAVID CONGREGATION AFFORDABLE 55+ HOUSING
COURTYARD
RENATE PARIS | DESIGN 10 PROFESSOR OLIVIA RAMOS PROFESSOR JOHN STUART
PINNACLE HOUSING GROUP BETH DAVID CONGREGATION AFFORDABLE 55+ HOUSING
10-YR SALES PRICE $14,803,236.85 IRR
4%
CORNER OF CORAL WAY & 26RD
RENATE PARIS | DESIGN 10 PROFESSOR OLIVIA RAMOS PROFESSOR JOHN STUART