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Updated about 1 year ago,
20% AAR with low LTV investment opportunity for accredited investors!!
Hi BP! I have an investment opportunity! The investment is a project to renovate a 50,000-square-foot historic corn cob pipe factory I bought outside of Columbia, Missouri into apartments. The purchase price was $445,000, and I am renovating it utilizing historic tax credits to lower the amount of cash needed. The projected stabilized ARV is over $12,000,000. Our Target AAR is over 20%, with an 8% preferred return for all LP investors. This is a 506 (c) syndication with a 7-year minimum life cycle. The fund is filling up so don't wait if this is something you might be interested in. Here is a link to the Offering Memorandum, and the Investment portal via InvestNext. Please reach out with any questions regarding this project, or if you just want to learn more about Historical renovations in general.