Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago,

User Stats

79
Posts
58
Votes
Sawyer Smith
Pro Member
  • Specialist
  • Joplin, MO
58
Votes |
79
Posts

20% AAR with low LTV investment opportunity for accredited investors!!

Sawyer Smith
Pro Member
  • Specialist
  • Joplin, MO
Posted

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. 

  • Sawyer Smith
  • Offering