On October 10th, we successfully acquired a property in Huntsville, Alabama, consisting of 11 townhomes for $2,184,200.
Our business plan involves selling a portion of the units while retaining the rest as rentals.
Since acquiring, we’ve launched marketing efforts and begun hosting open houses to drive sales and leasing activity.
As units are leased and sold, the project will generate additional cash flow for the fund, which we share with our investors through quarterly distributions.