SMALL HOMES PROJECT
Welcome Letter
Dear Investor,
I work for a company called Seventh Restoration, LLC, which is owned by the Colman Josiah Steiner Disability Trust, a company who advocates for young adults who are living with autism.
Seventh Restoration, LLC currently owns several parcels of land in Lake County, and it is currently working to purchase additional parcels of land. The LLC is looking for 10-15 individuals who can participate in an investment with the company. On each parcel of land, the LLC plans to place a one bedroom custom built home, a one bedroom factory built modular home, a large travel trailer with multiple slide-outs, or a large luxury full-profile 5th wheel trailer that can be occupied by the investor or a pre-qualified renter. The investment will be collateralized by the parcel of land (enclosed by a fence) and a 5th wheel trailer. An enclosed patio connected to the trailer will include stairs that provide access to the trailer. Adjacent to each trailer will be a gravel road leading to a carport with solar panels capable of providing power for lights in and around the carport. Each trailer will have access to city water and a septic tank. The property will be continuously monitored by security cameras in which the tenant, property manager, and investor will be provided access.
The individual’s investment will pay for the costs associated with preparing the property for the investor or a prospective renter. These costs include pouring a concrete slab, purchasing and parking the 5th wheel trailer, and installing the carport with solar panels, a septic tank, landscaping, a perimeter fence with a gate, and a gravel driveway. The carport’s solar paneled roof will supply electricity for the carport light, outdoor security lighting, and charging of electric vehicles. PG&E will supply additional electricity needed for the trailer, including the hot water heater, air conditioner, and heating systems. Seventh Restoration, LLC will find renters for each unit (if desired by the investor) and will provide management and upkeep for the property.
All of the details are available on the attached fact sheet.
The LLC is looking for individuals to invest with the following terms:
For an investment of $130,000, the investor will receive $1,000 per month over 7 years paying down the principal, which includes 7 percent (7%) interest per annum. At the end of 7 years, the remaining principal ($130,000) and interest will be returned to the investor along with a bonus payment of $10,000. An additional perk being designed and developed will give the investor access to one bed (when available) per contract in an emergency shelter that is being managed by the ARK Project (www.MyArk.Life).
If you have additional questions, please contact Amy Votava by phone at (707) 280-2279 or email at amyvotava2@gmail.com.