LOT 6 NE 17TH AVE

LOT 6 NE 17TH AVE

New Construction

Print
Claim My Business
Location
TRENTON, NE
Loan to ARV
64%
No. Investors
1197
Projected Return
12.5%
Term
21 months
Total Project Costs
$137,910

Key Deal Facts

The Borrower was advanced the money it needs to begin construction of this property on July 12, 2022 by Groundfloor Finance Inc. (“Groundfloor,” “we,” “us,” or “our”) or a wholly-owned subsidiary of Groundfloor. The Borrower has begun construction of the property. If this offering is fully subscribed, Groundfloor will continue to administer and service the loan as further described in the Offering Circular., The construction of the property may be extensive, and therefore subject to delays and other unexpected issues., The construction will require permitting, and permits may not be obtained on time or may be denied., There is no existing structure on this property, or if there is, it will be demolished, and a new structure built in its place., Please consult the
Offering Circular
for further discussion of general risk factors.

Management Team / Advisory Board Bios

David Forsythe - principal
Available to Invest : $1,170
Reveal the Score by Voting
_
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

Research Reports

No reports have been submitted

Become a Reporter

0 Comments