PROJECT OVERVIEW
Timber Crest was brought to the Management Team of The GET Group LLC in early December of 2007. Timber Crest originally broke ground in 2005 but due to setbacks and underfunding was forced to consider an exit strategy. On January 12, 2008, The GET Group made the decision to form IR Holdings, LLC and enter into contract for the purchase of Timber Crest. This Timber Crest Purchase is comprised of (2) separate development projects.
Timber Crest Countryside Estates - Country Charm
Featuring (35) exclusive, fully furnished fractional ownership residences starting at $99,000. Each home is 3,300 sq. ft., (4) bedroom / 3.5 bath with an office / den; custom kitchen, indoor and outdoor fireplaces, hot tub, BBQ and game room with pool table. Currently, there are (7) of these luxury homes completed with the remaining lots fully permitted, leveled and utilities prepared for remaining construction.
Timber Crest Downtown Suites - Downtown Living
Select from (6) downtown living, fully furnished fractional ownership condos starting at $99,000. Five units are 1,500-1,750 sq. ft., 3 bedroom / 2 bath and (1) unit is 2 bedroom / 2 bath. All downtown condos are equipped with commercial grade stainless appliances, copper claw foot tubs, oversized jetted tub, and custom furniture by local artisans, with state of the art entertainment center office complete with printer / fax. Currently this development project is approximately 95% completed and sits atop a 6,000 sq. ft. commercial facilities capable of being the future home for a restaurant, office / retail store.
SHARE REPURCHASE PROGRAM
IR Holdings LLC. Is offering Shares to partners who are Accredited Investors for the purpose of raising capital to complete the construction and sales of the Fractional Sales and Real Estate of Timber Crest Countryside Estates and Timer Crest Downtown Suites. These Shares will be repurchased back by The GET Group LLC, (the managing partners of IR Holdings LLC) for the Share's original purchase price, plus the returns as indicated below, not to exceed (24) months term.
Investor Purchases:1,000 Shares x $ 50.00 per Share= $ 50,000.00
GET Group LLC repurchases Shares in:
1-12 Months = 25%
13-18 Months = 40%
19-24 Months = 50%
Title will be acquired in the name of IR Holdings LLC, an Idaho Limited Liability Company, transferred thru a licensed and insured title and escrow company.
To learn more, call 866.470.745 xt. 3
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