NEW BERN, NC SINGLE FAMILY DEVELOPMENT
NEW BERN, NC
This fund is a specific development project located in New Bern, NC that comprises of 210 single family residential lots that already have the infastructure built out and are ready to break ground. This fund will consist of a 3 prong approach that will include spec sales, long term sfh rentals and short term, executive and Air BnB rentals. This portfolio will begin to payback our investors within 6 months and will include a 9% preferred dividend and a 65% split of all pofits to our investors.
To get access to the fund prospectus and comittment documents, register below by clicking the “INVEST NOW” button!
- Capital Raise - $10,000,000
- Preferred Dividend - 9%
- Profit Split - 65% to investors/35% to SIMM Capital
STABILITY
Real estate is less volatile and has historically outperformed the S&P 500
CASH FLOW
Tenants pay monthly rent which covers all expenses and provides profit to the owners.
AMORITIZATION
Tenants pay down the debt which increases your equity, creating long-term wealth.
TAX BENEFITS
Depreciation is a free tax write-off that allows you to keep more profits in your pocket.
LEVERAGE
You can leverage real estate, allowing for the purchase of $100M with only $25M.
SAFETY
Your investment is tied directly to the real estate itself and is secured. Should the need to arise to liquidate you will be made whole on your investment.
FREQUENTLY ASKED QUESTIONS
You can get started as an investor with SIMM Capital here: http://www.simminc.com/new-user-registration/
The entire account creation and investment process is completed online via the SIMM Capital website. You will be prompted to provide or verify any required information, as well as make the necessary acknowledgments electronically.