Investment Summary

Site: 1002 S. 1st St, Austin, TX 78704

  • Preferred Return – 12% per year
  • Up to 800 Class A units at $5,000 per unit
  • Minimum 20 units ($100,000) per investor
  • Preferred Returns paid at the end of the project
  • Long Term Capital Gain

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.

KEY ASSUMPTIONS
Land Acres: 1.89 Acres
Units: 59
Commercial Space: ~33,000 SF

ENTITLEMENT + PERMIT UPDATES

Updated: 14 May 2021 | 10:00am CST

  • Successfully recapped in March. Principal and preferred return were repaid to Land Holdings investors.
  • We closed on Copeland North land parcel in Q1 ’21 and assemblage is complete.
  • Our focus remains on maximizing the vision of an urban village community with a variety of home types, price points, and commercial amenities.