Expert Access:

South Side Development Fund 8

  • EquityBuild Inc. Property
  • EquityBuild Inc. Property
  • EquityBuild Inc. Property

Fund Summary

This offering represents the opportunity for a short term preferred equity investment at a 13% monthly coupon to finance the equity to buy 4 underperforming and undervalued assets with exceptional upside in the South Shore neighborhood of Chicago. The four buildings; 7700 S South Shore Dr., 7818 S South Shore Dr., 3001 E 79th St., and 7419-35 S Colfax offer 113 residential apartment units between them, with a great unit mix of 73 2 bedroom units, 36 1 bedroom units, and 4 studio apartments. The assets will be acquired and aggressively renovated within the next 12 months, at which time they will be refinanced into low cost long term debt, and all preferred equity partners capital shall be returned.

More Information

Fund Description

Fund Type
506(b) Equity
No Description found!
Total Raise
$3,400,000
No Description found!
APR
14%
No Description found!
Term
6 months
No Description found!

EquityBuild Difference

EquityBuild is a client advocate in a real estate world where we build life-long relationships to create turn-key solutions that consistently deliver double-digit returns. Real estate investment opportunities are carefully selected based on EquityBuild’s proprietary econometric model that identifies properties with strong upside and minimal risk. To learn more about EquityBuild and how you can invest directly in real estate with expert guidance and no landlord hassles please call (877) 978-1869.

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