1210 1/2 BATES AVE

1210 1/2 BATES AVE

Purchase & Renovation

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Location
EUSTIS, FL
Loan to ARV
70%
No. Investors
2245
Projected Return
11.5%
Term
21 months
Total Project Costs
$198,810

Key Deal Facts

The Borrower was advanced the money it needed to purchase this property on November 16, 2022 by Groundfloor Finance Inc. (“Groundfloor,” “we,” “us,” or “our”) or a wholly-owned subsidiary of Groundfloor. The Borrower is now in possession 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 renovation of the property may be extensive, and therefore subject to delays and other unexpected issues., The renovation will require permitting, and permits may not be obtained on time or may be denied., The borrower has had late repayments, but has repaid all loans in full, with all interest and fees due., Please consult the
Offering Circular
for further discussion of general risk factors.

Management Team / Advisory Board Bios

Debora Bradley - principal
Available to Invest : $47,943
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