Se ha denunciado esta presentación.
Se está descargando tu SlideShare. ×

ELF Common Share Offering

Anuncio
Anuncio
Anuncio
Anuncio
Anuncio
Anuncio
Anuncio
Anuncio
Anuncio
Anuncio
Anuncio
Anuncio
Próximo SlideShare
Digital media
Digital media
Cargando en…3
×

Eche un vistazo a continuación

1 de 13 Anuncio

Más Contenido Relacionado

Similares a ELF Common Share Offering (20)

Más reciente (20)

Anuncio

ELF Common Share Offering

  1. 1. Corporate Housing Solutions for Corporations and Industries
  2. 2. Lodging solutions tailored for workers and industries needs Silicon Valley Executive Homes (Corporate team & Executives) ELF Express Hotel (Refinery & Construction workers) Boutique Hotels (Tech Professional (San Francisco)) Key Ingredient: Corporate Relationships Stanford University, Cisco Intel, Facebook Tech Crunch, Celtic Media Centers, Law Firms, Incubators, Insurance, Relocation, Development Teams
  3. 3. Corporate-Stay Model Positive Impact on All Key Real Estate Metrics Rental Rents (2X to 3X unfurnished long term rates) Occupancy 85% to 100%  Hotel rates w/o the high operating costs Improves Cap Rate (to 12 to 13%) National Avg. Cap Rate (7%) Cap Rate= Net Operating Income/Property Value Higher Cap Rate = Higher Property Value
  4. 4. Case Study: 2 bedroom 1.5 bath Mountain View, CA Since June, 2012 Unfurnished Market Rent: $2,500.00 Furnished Average Earnings: $5,662.50 Over double market rent!
  5. 5. Value of Corporate-Stay Generate Superior Cash Flow  Assemble Valuable Real Estate Portfolio  High Rents > NOI >High Debt Coverage > Access to Financing  High Occupancy> NOI> Profitability >Financing> Shareholder Returns  Extended Stay <lower expenses > NOI> Cap Rate> Values  Improves Cap Rate(12 to 13%)> Increases Property values  Cap Rate= Net Operating Income (NOI)/Property Value  Property Value = NOI/Cap Rate  Increase Property Value with Corporate Stay  Eventual Upload Portfolio to REIT
  6. 6. ELF Homes, Inc. Assignment Worker Hotels ELF Express Hotel Baton Rouge Silicon Valley Executive Homes Expand Properties Tech Professional Hotels San Francisco 28 Room Hotel
  7. 7. How Do We Differentiate?
  8. 8. 1. The Right Location  Close to large corporations Walking distance to restaurants  Close to public transportation  Safe neighborhood 2. The Right Property  One bathroom per bedroom  Private yard  One bedroom/bath on first floor  Accessible shower  In-home laundry  Updated kitchen  Multiple work spaces  At least two bedrooms  Purchase price under 1.5M 5 Key Success Factors
  9. 9. 3. Decorate to Impress  Do it professionally  Choose a color scheme to pop  Avoid the Ikea look  Get professional photos 4. Amenities & Service  Use luxury linens  Fully outfit the kitchen  Provide double supplies  Set up your maintenance ahead of time  Train your cleaners properly  Go for a high level of customer service to attract the right guests 5 Key Success Factors
  10. 10. 5. Advertising & Sales  Credibility is critical  Establish a web presence  Start with Homeaway and Airbnb (ELF uses 15+ sites)  Respond to inquiries within 2 hours  Build reviews & references  Reduce rates in slower seasons (esp May and December)  Don’t book ahead – 30 day window for short stays  Use your best professional photos 5 Key Success Factors
  11. 11. Van Ness Tech Hotel San Francisco, CA Following up our expansion to San Francisco Property Facts  JV with Urban Pioneer  28 hotel rooms  Ideal Location
  12. 12. Revenue Growth $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 2009 2010 2011 2012 2013 Projected 2014 In USD 4 houses 7 houses 12 houses 10 houses 14 houses
  13. 13. Use of Proceeds Double the number of Doors offered by ELF Homes, Inc. Add more properties to Portfolio  Offering of Common Stock

Notas del editor

  • Mention using double the number of dishes – if it sleeps six, provide 12
  • Message: We explored all avenues to revenue over five years. Some didn’t work. We want to save you from making the same mistakes.

×