Featured Offering
10% Annual Dividend
The 10% Debt Fund Income opportunity offers investors a 10% annual dividend paid monthly. The 10% Income Fund offers investors an opportunity to invest in proven Multifamily Apartment assets as a first-position lender.
As a lender our all-in basis is ~$66,000 per unit on assets that recently appraised at ~$105,000 per unit. This places us, as a lender, in a more comfortable position when compared to other riskier options in the marketplace today.
The 10% debt fund income opportunity is making a loan to a qualified borrower for the acquisition of Three (3) multifamily asset totaling 56 units located around the Chattanooga (MSA), TN. The acquisition opportunity offers attractive upside to the borrower by purchasing at below replacement costs and by implementing thoughtful renovations that will serve to position the assets to better compete with other like-kind multifamily properties in the market including: Updated cabinetry, appliances and flooring.
The scattered location of the assets around the Chattanooga MSA provides residents with easy access to premier shopping destinations, downtown Chattanooga, along with easy access to major local and regional employers.
Chattanooga is positioned 1.5 hrs east of Nashville, TN, 1.5 hrs north of Atlanta, GA. and 45 minutes south of Knoxville, TN. Given its easy access to these world-class cities has positioned Chattanooga to see continued growth and comapnies like Amazon, Volkwagen, McKee Foods (Home of Little Debbie), among others continuing to expanding in the area.