Offering Summary

Site: 2107 EM Franklin Ave, Austin, TX 78723

  • Preferred Return – 12% per year
  • Up to 700 Class A units at $5,000 per unit
  • Minimum 20 units ($100,000) per investor
  • Preferred Returns paid at the end of the project

Net Cash Flow Distribution

Net Cash flow to be distributed in the following order:

  1. Where Proceeds are from a Company
    • Preferred return on capital invested in that company; then
    • Return of capital invested in that company; then
    • Same as general cash flow (see below)
  2. For Cash Flow Generally
    • Accrued but unpaid Preferred return; then
    • Return of capital contributions, until investors are fully repaid;
    • Remaining Net Cash Flow to the Class B Member.

Land Acres: 7.2
Number of Homes: 116



Updated: 8 February 2021 | 3:00pm CST

  • Still on target for Q1 ’21 site ground break.
  • Site readiness complete in Q4 2020.
  • Construction Document submittals target date end of February.
  • Site work and garage is currently being bid out.
  • SB continues to work with potential equity partners.
  • Recent Media Exposure helped increase our pre-sale VIP list to over 500 interested homebuyers.