Atlantic City is located in Atlantic County, New Jersey. Atlantic City is world renowned for its gaming industry, entertainment, nightlife and, of course, the boardwalk! The ultimate destination for gamblers, Atlantic City offers a wide variety of casinos, spas, golfing, shopping, fishing and other water sports. But must importantly, Atlantic City offers amazing investment opportunities for those willing to toss the dice!!
Carowill Partners, LLC Atlantic City Investment Opportunities
Who Is Carowill Partners, LLC (CP) and how can YOU invest in a CP Project?
Carowill Partners, LLC (CP) is a New Jersey-based real estate company that purchases, rehabilitates, manages, and sells low income housing units, apartment buildings, and single family homes in the Atlantic City, New Jersey community. CPs units provides a unique combination of safety, convenience, cleanliness, quality, and affordability that is severely lacking in the Atlantic City area.
Read the Carowill Partners, LLC Business Plan and Market Analysis to learn about the company and available investment projects.
Read the Carowill Partners, LLC business plan and market analysis. If you are interested in learning more about one of the projects, call Sherri Lilienfeld, ABR, at (609) 487-9996 or e-mail Sherri at Sherri@NJ-ShoreRealEstate.com.
After you had a chance to review a specific project scope and financials you can purchase shares through your self-directed IRA in the project LLC.
Minimum investment is $200,000. Your ownership in a project will be determined by the total amount of capital needed for a project and your specific financial investment.
Find out how the demolition of Atlantic City's Sands Casino will pave the way for the transformation of the boardwalk and re-development of Atlantic City!
Use a Self-Directed IRA to invest in a Carowill Partners, LLC Project
Real estate is an excellent, dependable investment. Tens of thousands of people have invested their retirement funds in something they know and can control and touch rather than be subject to the volatility of the traditional stock market.
purchase real estate of make investments they never thought they could afford.
diversify their IRA investment portfolios.
control and manage their own retirement futures.
purchase, hold and sell a vast array of assets.
benefit frof the incredible tax benefits enjoyed by retirement plans.
save on fees (self-directed IRA account fees are lower than for traditional IRAs)
To learn more about investing in real estate using a self-directed IRA contact Capital IRA. To discuss specific investment opportunities with a Carowill Partners, LLC representative, contact Sherri Lilienfeld, ABR, at (609) 287-1795 or read the Carowill Partners, LLC business plan and investment opportunities information.
~ Major Casino Development Projects in Atlantic City
Trump Taj Mahal: $250 million, 800-room hotel tower. Scheduled to open in 2008.
Borgata Hotel Casino & Spa: $525 million project is under way. Phase I is a $200 million expansion, to be unveiled next week, with restaurants, stores and gambling space. Phase II is a $325 million, 800-room hotel tower; construction began in 2004, and the tower is to open late in 2007.
Harrah's: $550 million expansion that includes a retail and entertainment center to open this year, and a 964-room hotel tower to open in 2008. Construction began in March. Also, $100 million in renovations are under way in the casino and hotel.
The Pier at Caesars: The $200 million project located on the Boardwalk next to Caesars casino opened the summer of 2006. Shop at one of the Piers high-end shops such as Louis Vuitton, Movado, Mulberry, Oilily, Quiksilver, Tiffany & Co., Tommy Bahama, Baccarat, or dine at one of their unique restaurants such as Buddakan, Sonsie, The Continental, or Phillips Seafood. To learn more about the what is available at The Pier at Ceasars, click here.
Land next to the Borgata:MGM will build a $5 billion hotel, entertainment and gambling comples on a 72-acre tract in the Marina district. The project will include a 3,000 room hotel, casino (with 5,000 slot machines and 200 tables) and an entertainment complex. It will be Atlantic City's tallest building. MGM, co-owner of the Borgata, describes the project as comparable to its $7 billion Las Vegas development, which includes hotel towers, retail stores and condominiums. Groundbreaking is expected in 2008 with an expected opening in 2012. To read more about this Atlantic City Casino project, click here.
Land next to Showboat casino in Atlantic City Inlet Area: Bought for $70 million by Morgan Stanley, Revel Entertainment Group will build a $2-billion-plus gambling/entertainment facility and hotel on the 20-acre parcel in the South Inlet district. The casino would be Atlantic City's 13th. The ocean-themed casino is expected to open in 2010. This casino will transform the Atlantic City Inlet area. To read more about this Atlantic City Casino project, click here.
Goodbye Sands Casino: Pinnacle entertainment is building a brand new mega casino/entertainment center at the site of the former Sands Casino at Illonois and the Boardwalk. It is the first major casino project on the boardwalk in Atlantic City in 20 years.
Atlantic City Hilton: The Atlantic City Hilton Casino Resort plans a $1 billion expansion to build a 1,000-room hotel tower - double its gambling floor area to 120,000 square feet - and to add new shops, restaurants and a 3,500-seat theater for shows. It also plans a 3,000-space parking garage.
The Walk: The eight-block shopping-entertainment district, which links the Convention Center with the Boardwalk, broke ground in March 2006 for a $155 million expansion to include stores, restaurants, condominiums and office space. The expansion is on the west side of Michigan Avenue.
Other Expansions: Projects at Caesars and Bally's casinos. There will also be a new casino next to the Hilton.
Atlantic City's residential development is constantly evolving. On the city's south end, The Chelsea is a residential high-rise that offers 197 units that vary in size from one to three bedrooms. They have six penthouse units as well. BET Investments is planning on offering luxury two to three bedroom condos closer to the center of town. Tenor Square, located behind the Convention Center, has 18 two to four bedroom townhomes that have an updated "New York feel" to them.
The north side will benefit from development as well. Bella is a 27-story building comprised of 200 ultra luxurious condos, a fitness club, an enclosed pool, solarium, cabanas, designer decor and heated Jacuzzi spa.
The Waterside Apartment complex, located on oceanfront property in the South Inlet, is in the process of converting its 347 units into condos. Lennar Homes is constructing Reflections, which will offer 179 ultra luxury one to three bedroom condos in its six-story building, along with private balconies, cabanas, a sky bar, rooftop terrace with a pool and other luxury amenities.
The 306 unit Marbella is being developed as a luxury high-rise condo offering such high end services as a concierge, valet and its own security. There will be 24 penthouse units and 24 townhomes in the Marbella development. And at 4100 Atlantic Avenue there will be a new luxury condominum complex called The Breakers Atlantic City.
What is Your Dream?
Have you ever wanted to invest in the booming Atlantic City, NJ Real estate market but were not sure how to get started?
Are you looking for a piece of Atlantic City, NJ but don't have the time to personally manage a property yourself.
Carowill Partners, LLC just might have the opportunity you are seeking to get you started in pursing your dream of owning real estate in Atlantic City and investing in the future.
To learn more about Carowill Partners, LLC projects, please review the information available on this site and then give us a call at (609) 487-9996 to learn more about investment opportunities available to you. Please also note that investments can be made through a Self-Directed IRA. To learn about using your IRA for real estate investing, please read 9 Reasons for investing in real estate with your IRA.
Please sign up for daily alerts of new properties that hit the Atlantic City real estate market or contact me so I can assist you in finding the Atlantic City home of your DREAMS!
Sherri Lilienfeld, ABR Prudential Fox and Roach Realtors Office: (609) 822-4200 ext 111 Direct: (609) 487-7211 Cell: (609) 287-1795 Fax: (609) 939-0792 Email: Sherri@NJ-ShoreRealEstate.com
