Numinor, Tolkien’s name for the true west, is acquiring and rehabilitating unique and beautiful properties across the U.S.
We deploy our own and investors capital into high velocity real assets that suit short and long term needs.
Our restoration projects are sold for short term gains to happy first time home buyers; while long-term deals provide tax advantaged returns.
In all projects, we take pride in restoring beauty and traditional to worn out spaces.
Our latest exciting project, a coastal SFR in Morro Bay: 498orca.com for details.
A three year value-add project with an estimate 15% IRR at exit. This 26 unit asset has been lovingly restored for maximal tenant comfort and investor return.
Projects such as these were BRRR deals. We purchased them, restored them, rented them, and refinanced out every penny that was put in for purchase and rehab – producing the coveted “infinite return” (any return on $0 is infinite!)
We have mastered the art of relational transactions benefitting the seller, contractor, banker, and tenant in order to lift all boats in the same tide.
Interested in partnering or investing? Get in touch.