Would you rather own a single million-dollar home or enjoy the use of million-dollar homes in Miami, North Carolina, South Carolina, Turks & Caicos, California, Hawaii or Mexico? That’s the choice offered by Lifestyle Asset Group with its AtlanticOne and PacificOne collections. Each portfolio offers six houses on either the East or West coast to a maximum of 50 equity owners.
"Instead of one home at $1.2 million, we’re offering an opportunity to own a share of six at $150,000," says Richard Keith, chief executive officer of Lifestyle Asset Group. Owners are guaranteed an average of 30 to 35 days of use based on a point system for the seven-year duration of the program. After that, the properties will be sold individually, enabling members to receive a pro-rata distribution as well as 90 percent of any gains in the value of the real estate.
Among the PacificOne portfolio is a Palm Springs home on the Jack Nicklaus-designed course at PGA, a hillside home on Maui, and a mountain home at Constellation Residences at Northstar in Lake Tahoe. AtlanticOne homes include a midtown Manhattan residence at The Atelier with sweeping views of the Hudson River and the city, a three-bedroom home on St. John in the U.S. Virgin Islands, an oceanfront home on North Carolina’s Outer Banks, and a golf-lover’s escape at Kiawah Island, South Carolina.
Pricing: Refundable $1,000 deposit; one-time contribution of $150,000; annual maintenance and upkeep fee of $15,000.
Information: Call 970.449.4292 or visit www.lifestyleassetgroup.com