Venture at Villa Hermosa

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12% PREFERRED RETURN

$1,000 MINIMUM INVESTMENT

2 Yrs HOLD PERIOD

$1,000,000 MAX RAISE

$1,000,000 FUNDED

165 INVESTORS

100%

Overview

Villa Hermosa consists of a residential apartment development that includes 14 apartment units all with 785 square feet, 2-bedrooms, and 1 bathroom. It is located at 5740 North 10th Street, Phoenix, Arizona, The property has a private driveway lined with matures trees that creates a secluded neighborhood feel just steps away from the busy streets of Phoenix.

We have purchased the property and plan begin renovations in a few months. It is the intention of the Sponsor to renovate the interior of each unit with new cabinetry, flooring, fixtures, painting, and appliances. On the exterior, we plan to enhance the building’s curb appeal by painting the trim and updating the roof. We also plan to replace the facia and update the landscaping and common areas. We expect to have the property renovated and fully operational before the end of the first year and to either sell or refinance the property before the end of the second year.

Key Highlights

No major structural renovations required. We plan to update cabinets, flooring, bathrooms, kitchens and electrical

Short distance from the 7th Street restaurant corridor but is located within a secluded residential neighborhood

Near the 51 freeway and a short drive to downtown with sporting events, theaters, popular restaurants, markets and retail shopping

Current Rents for the property are $800 per unit. After renovation, we expect to generate around $1,450 per unit per month as a short term rental or $1,250 per month as a long term rental.

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Project FAQs

Am I able to invest in the name of an entity or trust?

Yes, investments are available to be submitted through an LLC, Self-Directed IRA, or trust.

How do i invest through my 401k?

To invest with your 401K it must be self-directed, you can add an additional profile to your account for your 401K and then use this profile to invest.

Hi, I'm considering an investment in Venture at Mountain View and would like to know if you could define Preferred Equity Annual Return (12%) and also Avg. Cash on Cash Return (4%). Thanks!

We expect to pay an average of 4% annual return during the 3 year period, when we sell the property the remaining balance will be caught up in order to achieve a 12% annual return. During the first year, there will be no distributions since we will be renovating and stabilizing the property with new tenants. During year 2 we expect to distribute a 4% return and in year 3 we expect to pay an 8% return to preferred shareholders. By the end of year 3, we plan to sell the property. For more information about Preferred Equity please feel free to check out our podcast Kiss My Assets, Episode 8, How our Investors Get Paid. https://podcasts.apple.com/us/podcast/ep-8-how-investors-get-paid/id1477552013?i=1000495861987

What is the difference between a “preferred” investor and a regular investor?

Anyone who invests in a property through the crowdfunding portal is considered a Preferred Equity Holder. Preferred simply means that once the debt on the property is paid, you receive your portion in full first (in this case 12% preferred), while the common equity holders, company founders, and other accredited investors, are paid second. In other words, the preferred equity holders must get paid 12% annual returns before the common equity holders get anything.

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