Lifestyle Asset Group invites you to co-own a luxury vacation home in the beautiful North Chatham, Cape Cod, MA. Ideally located on Ryder’s Cove with harbor views.
Through a proven co-ownership model, Lifestyle Asset Group brings together just five fortunate families to share equally in the acquisition of the home, the annual operating expenses, and the reservation calendar, providing the opportunity to own and enjoy a $2.599m home, hassle-free, for a fraction of cost of going solo.
“My wife and I have a long history with Chatham and the Cape. We’ve rented there for years since it wasn’t practical to own a home there while living in the Midwest. When I saw the opportunity Lifestyle Asset Group offered, we became very interested. I researched the unique structure and understood how well it worked. In addition, having local professional property management was important. The five to seven-year exit strategy also made sense for us with probability to get capital back.”
-David D, Iowa
A lovely waterfront 4 bedroom, 4.5 bath turnkey home with wonderful harbor views and 3,284 sq. ft. of total finished living space on three floors. Designed by architects Zibrat and McCarthy and custom-built by Prestige Building of Chatham, the thoughtful design reflects careful attention to detail.
The kitchen is the axis of the first floor and features professional-grade Thermidor appliances, granite countertops, and custom cabinets. The kitchen, dining room, and deck feature compelling Ryder's Cove harbor views. The open first-floor plan also includes a great room with a stunning gas fireplace as the focal point.
3 of the bedrooms are suites that feature a private bath and custom walk-in closets. The window-lined walkout lower level features a media room with a gas fireplace and custom bookshelves, a full bath, and a bonus space that has been converted into a 4th bedroom with a queen sleeper sofa and daybed with trundle to accommodate more guests.
There is a generous two-car garage, sunny mahogany deck with electric awning, outdoor shower, magnificent stonework, and in-ground irrigation. It is heated and cooled with forced hot air fueled by natural gas and in move-in condition, fully furnished. Chatham's downtown shops, restaurants, and beaches are all just minutes away.
The vast majority of owners pay 100% of the cost and expenses of their second home but only use it 20% of the year.
Lifestyle Asset Group provides the industry's only true, sensible solution to this problem.
Since 2013, Lifestyle Asset Group has been the pioneer of a smart and sensible ownership model where a small group of like-minded investors own, debt-free, a luxury second home with each investor only paying their share of the purchase and ownership costs.
It is truly an investment model that is changing vacation home ownership for the better.
Pricing includes the $2,599,000 purchase price, capital reserves, interior design, closing costs, legal and syndication fees.
Each 1/5th owner will enjoy 8+ weeks of use annually, plus free space available use
Each 1/10th owner will enjoy 4 weeks annually, plus free space available use
Additional benefits:
The exit strategy was developed by Lifestyle Asset Group to ensure owners have a genuine investment opportunity.
The term of the LLC is 5 years, with two, one-year extensions, made possible by supermajority vote by the co-owners. The LLC term length mirrors the holding period of vacation homes in general. At the end of the term, the residence is sold by Lifestyle Asset Group on behalf of the LLC at its highest possible value.
Each owner’s capital contribution is first returned in full, and 80% of property appreciation is then shared equally.
Lifestyle Asset Group has created a truly groundbreaking platform and there is much more to explore:
Please use the form below to inquire further about these items or schedule a time to visit this property.
Use the form below to inquire further or schedule a time to visit this property.
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