285-287 WEST PALISADE AVENUE

285-287 WEST PALISADE AVENUE

Purchase & Renovation

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Location
ENGLEWOOD, NJ
Loan to ARV
69%
No. Investors
6584
Projected Return
11.5%
Term
15 months
Total Project Costs
$576,654

Key Deal Facts

The Borrower was advanced the money it needed to purchase this property on May 22, 2024 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., Please consult the
Offering Circular
for further discussion of general risk factors.

Management Team / Advisory Board Bios

Leon Brown - principal
Available to Invest : $241,008
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