Tzamarot, Kiryat Ono, Israel

Successful exit

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Tzamarot, Kiryat Ono, Israel 2017-05-31T10:31:47+00:00

Project Description

An urban renewal project which included demolition of 3 buildings and construction of 3 new apartment buildings featuring 136 units with 3, 4 or 5 bedrooms.

Yishaayahu St., Kiryat Ono, Israel

Year launched

2011

Equity raised

₪26,700,000

Expected duration

36 Months

Actual duration

52 Months

Achieved annual return

8.00%

Property investments are illiquid, and past performance is no indication of future success

About the neighborhood

The water tower neighborhood is located in Eastern Kiryat Ono, close to the city center and walking distance from a shopping center on one end and highway 471 on the other. It is located in close proximity to the new, exclusive neighborhood in Kiryat Ono and Ganei Tikva.

About the developer

Mishab Housing Construction & Development Co., Ltd. has specialized in residential construction for over 70 years, building thousands of apartments every year throughout Israel.

The opportunity

An urban renewal project which included demolition of 3 buildings and construction of 3 new apartment buildings featuring 136 units with 3, 4 or 5 bedrooms.

Other projects by the developer