Blueprint Investment Fund II LLC Investor Portal

Blueprint Investment Fund II LLC

Investing in Greater Denver Real Estate

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Blueprint Investment Fund II LLC
506(c) Offering Platform

INTRODUCTION TO OUR COMPANY

Blueprint Investment Fund II LLC (“BIFII”, or the “Company”, or the “Fund”) is a Colorado limited liability company formed for the purpose of acquiring and completing development of up to five (5) Denver, Colorado area real estate projects (the “Projects”). The Fund’s goal is to achieve high level profitability through not just forecasting models, but through a common-sense value add proposition for the communities it serves. The Fund will be purchasing the Projects from Blueprint Investment Fund LLC (the “Seller”), a related party owned and managed company. The primary principal and sole owner of Blueprint Investment Fund LLC is Joseph Libkey, Jr.

The Manager of the Fund is Blueprint Fund Management LLC (the “Manager” or the “Fund Manager”), a Colorado limited liability company owned by Joseph Libkey, Jr. and Nathan Taylor.

The Fund’s Sponsor, Blueprint Investment Group, LLC (http://Blueprintdnvr.com/), is a Denver based real estate development firm. The primary principal of the Sponsor is Joseph Libkey, Jr. The Fund’s Sponsor, along with Blueprint Investment Fund LLC, has completed a certain amount of pre-development and development work on the Projects to be acquired by the Fund which positions the Fund to acquire real estate assets and projects that can be executed upon immediately and are, in the opinion of the Sponsor, positioned beyond the typical risks inherent in pre-development and land entitlement processes.

Over the years, the Fund’s Sponsor has seen extreme market fluctuations; because of this, the Fund’s Sponsor is always researching market trends to develop strategies allowing the Fund to mitigate this volatility and reduce its negative effects on investors. This experience has also better positioned the Fund to take advantage of opportunities presented in such times of uncertainty. This proactive approach sets Blueprint Investment Fund II LLC apart from the competition.

"Denver home values have gone up 5.0% over the past year and their Denver real estate market prediction is that they will rise 3.6% within the next year."

according http://www.noradarealestate.com/ | "Denver Real Estate Market Forecasts 2019, 2020 & 2021", Marco Santarelli

Blueprint Investment Fund II LLC
506(c) Offering Platform

summary of operations

The Fund will be acquiring from the Seller up to five (5) Sponsor developed Projects, subject to sufficient capital raised through this Offering, that are in various phases of development and build-out. The Properties will consist of entitled land, new construction, multi-family condo, apartment buildings, townhomes, and single family residential assets.

Project #1 - Roth Park Place — 1401 W 85th Ave, Federal Heights, CO 80260

Roth Park Place is slated to be one of the most affordable new build constructions within a 10-mile radius of downtown Denver, ranking as the lowest priced residence out of current active new builds 2010 or newer. Constructed with 2 bedrooms, 2 baths, granite counter tops, stainless steel appliances and scheduled to be completed mid to late summer.

Project #2 - Cottonwood Village— Cottonwood Village Subdivision, Westminster, CO 80229

Cottonwood is estimated to be completed within 12 months after initial development operations commence. This property will be purchased by the Fund from the Seller for $2,000,000 and was appraised as of 1/4/19 for $2,370,000. The appraised value of $490,000 for the individual townhomes is also the planned retail price of the units to the public at an average of $490,000 per unit.

Project #3 - The Overlook at Hilltop — 29973 Hilltop Dr, Evergreen, CO 80439

Hilltop is a planned development in Evergreen, CO. Located 35 minutes from Denver this property has an existing approved ODP with Jefferson County for 47 condos. The property sits on the peak of a hill at an elevation 350’ higher than downtown Evergreen with hundreds of miles of Northern, Eastern and Southern mountain views. This project will be one of two new multifamily builds in this area in the past 10+ years and within a 10-mile radius of this desirable location in the mountain suburbs of Denver. It will be the only multi-family designed anywhere in the area with a personal elevator system to target the more affluent buyer that doesn’t want the typical stairs or maintenance that are required with the majority of mountain properties but with all the benefits.

Project #4 - 8200 Indiana St “Arvada Peaks” — 8200 Indiana St, Arvada, CO 80007

Assuming adequate proceeds are raised through the Offering, 8200 Indiana St “Arvada Peaks” will also be sold to the Fund from the Seller. Arvada Peaks consist of 25.526 acres. Located in unincorporated Jefferson County on 82nd and Indiana, 16 miles from downtown Denver and 17.5 miles from downtown Boulder, CO. This unique property has 360-degree vantage points of the front range and downtown Denver. Arvada is considered a commuter city of Denver and Boulder. This property is located only 1 mile away from the closest grocery and 7.1 million square feet of planned total commercial space. The Fund is currently working with the city to Annex into the City of Arvada, while rezoning for higher density.

Project #5 - Woodland Park — Northwest corner of Highway 24 and Morning Sun Drive in Woodland Park, Teller County, Colorado

The acquisition of the land for the Woodland Park Project is, as of the date of this Offering Memorandum, currently being negotiated by the Sponsor and is expected to be under contract, and under control of the Sponsor, by mid-July 2019.

Nestled in the mountains and located 30 minutes from Colorado Springs, Woodland Park Apartments will be a new construction Class “A” Apartment complex. These are being built for resale into the next fund or on the open market as the Managers see fit. Once fully leased this property will run at a 5% CAP rate. It will comprise of 240 units with 120 garage spaces and 72 storage units for rent, sitting on 12.42 acres. There are 7 different unit types ranging from a 660 SQ FT, 1 Bed / 1 Bath, to a 1,300 SQ FT, 3 Bed / 2 Bath unit. The estimated median household income as of 2016 in Woodland Park was $69,312 with a median house or condo value being $325,006 during that time.

"The median sales price for homes in Evergreen for Jan 18 to Apr 17[, 2019] was $621,500 based on 92 home sales."

— according to trulia.com

Blueprint Investment Fund II LLC
506(c) Offering Platform

Company Management Team

The Company is currently managed by seasoned business and sector professionals dedicated to the success of the Company and efficient execution of its planned operations.

Joseph Libkey, Jr.

Joseph Libkey, Jr. - President , CEO

Blueprint Investment Group, LLC, Principal and Manager

Joseph Libkey has experience as a Residential/Commercial General Contractor, Real Estate Investor and Real Estate Developer for the last 10 years. He has experience with over 150 residential and commercial projects to include Public Schools, Specialty Hospitals, Universities, Multi-Tenant fit out, Luxury Homes, Urban row-home re-development, Multi-Family apartments, Condominiums, and Land Planning for Sub-divisions.

Joseph Libkey, Jr. had the fortunate experience to partner with the Baltimore City Housing authority as a certified developer in coordination with Johns Hopkins Hospital residents and staff for housing placement. In 2014, Joseph worked hand in hand with Assistant Commissioner of Code Enforcement for Baltimore City Housing, Eric Booker to develop vacant properties into custom townhome living for residents and staff of Johns Hopkins Hospital.

Early in 2015 Mr. Libkey decided to expand to Denver, Colorado to focus on residential rehabilitation projects after learning Denver was experiencing tremendous growth. His business model grew to encompass new construction spec homes, commercial, and multi-family condo/townhome developments in 2018. These developments were focused in the City of Denver as well as the North Metro Denver area .

William Shenkin

William Shenkin

Mr. William M. Shenkin, also known as Bill, founded CeFO, Inc on January 1, 2000 and is the President and CEO.  CeFO provides services for high-net worth individuals (averaging approximately $75 million in net worth).  He is the partner in charge of the tax department, providing compliance, representation and planning services.  Bill spent 15 years in public accounting with Ernst & Young and as a Partner at Shenkin, Kurtz, Baker & Co. before being purchased by Century Business Services Inc (NASDAQ: CBIZ).  He was also awarded as a member of the 40 under 40 top Denver business professionals.

Bill was instrumental in bringing baseball to the State of Colorado.  He successfully managed and helped raise approximately $60 million in debt and equity, while operating as the interim chief financial officer.  Bill prepared all financial projections for the Colorado Rockies and assisted the Governor on the transaction.

Bill has an extensive background in real estate accounting and transactions. He is also a Member of the American Institute of Certified Public Accountants, Colorado Institute of Certified Public Accountants and Denver Estate Planning Council.  He has a Certified Public Accountant Certification and is a Certified Information Technology Professional (American Institute of CPA’s)

Nathan Taylor

Nathan Taylor

Nathan Taylor (Senior Vice President) specializes in creative land planning and development solutions along with value-add engineering in both residential and commercial applications. Nate along with his Father Richard Taylor have worked together to develop and build over 10,000 residential, multifamily and commercial units totaling well over $2 Billion in total horizontal and vertical land development and construction.

Nate has an extensive background in real-estate development and construction having spent the past 22 years working through all facets of the land development and construction industry as a job superintendent, project manager, Vice president of construction, and Owners expert Representative on conventionally financed and HUD financed projects.

 

In 2009 Nate was the lead VP of construction on the Design-build project for the Mining Exchange hotel in Colorado Springs. Nate worked for four years on a creative meticulous and cost-conscious design with the owner to deliver an outstanding historical landmark with ultimate functionality.

Since 2011 Nate focused his attention onto the Denver Urban market where he recognized its potential for huge growth. He worked diligently to gather an investment pool to purchase over 20 urban single and multi-family properties and while doing so created a 1-close creative financing option with the construction lending department of US Bank being the first to offer this amazing product as a small urban builder. Nate created three urban home designs such as a modern farmhouse that would fit on any of his urban lots. By doing this his buyers had a one-stop-shop to buy a lot, pick their model and customize it through his design-build process, and have financing in place with the 1-close program that encumbered all the cost and rolled into a perm at a very competitive rate. This model turned out to be very well received by the consumer and was a huge success selling out of all acquisitions by 2018.

Nate thrives in the challenges to structure, plan and develop urban and rural multi-unit sites. His passion for the industry drives him to be the best professional he can be.

"Even if you bought a home two years ago [in Denver], you can be sitting on $100,000 of equity."

- Ryan Penn, an associate broker at 360dwellings Real Estate

Blueprint Investment Fund II LLC
506(c) Offering Platform

terms of the offering

$39,600,000

Minimum Offering: $3,000,000

Minimum Subscription: $75,000 (75 Units)

Blueprint Investment Fund II LLC (the “Company”, or the “Fund” or “BIF”), a Colorado Company, is offering a minimum of 3,000 and a maximum of 39,600 Class A Membership Units for $1,000 per unit.

Distributions of Net Cash Flow, if any, shall be distributed monthly, within forty-five (45) days after the end of each calendar month. All distributions of Net Operating Cash Flow shall be distributed as follows:

  • (i) first, to the Class A Members, as a group, pro rata until each Class A Member has received such Member’s respective Class A Preferred Return; (ii) then thirty percent (30%) percent to the Class A Interests pro rata issued and outstanding and the balance to the Class B Member. Each Class A Interest shall terminate automatically as membership interests in the Company upon the date that the holder of a Class A Interest has received payback of (i) his/her/its Capital Contributions and
  • (ii) aggregate distributions, including the Class A Preferred Return, resulting in the Class A Member achieving the IRR Maximum.

Class A Preferred Return” means, for any Class A Member and as of any date, the amount, if any that would be required to be distributed on such date so that the aggregate distributions to such Member provide a cumulative, non-compounded return equal to six percent (6%) per annum for Class A Members of such Member’s Invested Capital Contribution. Such amount will be calculated on the basis of the actual number of days elapsed from and including the date on which each Capital Contribution is accepted by the Company to and including the date that the distributions constituting a return of such Capital Contributions were made. The Preferred Return will begin to accrue thirty (30) days after the date of an investor’s Acceptance as a Class A Member of the Company. Acceptance shall not occur until the Company has received subscriptions for at least Three Thousand Class A Interests representing an aggregate of Three Million Dollars ($3,000,000) in subscribed capital.

CONTACT US

Please complete the contact form and we will get back to you about any questions you have about our offering.

Blueprint Investment Fund II LLC - 2951 West 91st Place - Federal Heights 80260, US — joeceo@blueprintdnvr.com — (720) 443-4265

Blueprint Investment Fund II LLC
506(c) Offering Platform

so much more than what you see

prospect dashboard

The Blueprint Investment Fund II LLC 506(c) Investor Portal provides the opportunity to learn about our investment opportunity. Once registered, you will have:

  • Access to the Private Placement Memorandum, which outlines our company and gives greater detail about our offering;
  • Access to our SEC filing;
  • View real time offering metrics of how far along we are in the offering process;
  • View a timeline of your progress in the investment process;
  • View company contact information and send email directly to the administrator;
  • Easily upgrade your account with the click of a button.

Once your account is upgraded you will have additional access including:

  • The ability to complete the subscription documents via download or online;
  • Upload of subscription and accredidation documents as applicable;
  • Specific process information for investing and instructions on transfer of investment funds;
  • Access to company shared quarterly / annual reports, Financial documents and Supporting Documents;
  • Access to the Asset Portfolio as applicable;
  • Access to News articles written by the company;
  • Access to documents associated with your account.

READY TO LEARN MORE ABOUT OUR INVESTMENT OPPORTUNITY?

REQUEST ACCESS NOW!