In May 2021, Open Doors Capital partnered with Pero Real Estate and Prospera Ventures to purchase our second deal together, a 42-unit value-add apartment complex in Cleveland, OH.
With strategic improvements to the units, we can increase rents, and the business plan estimates a refinance in years 3-4 to return a majority of the capital to our investors.
*DEFINITION OF ACCREDITED INVESTOR
You qualify as an Accredited Investor if you meet any of the following criteria: a) You earn over $200,000 in annual income, b) You, together with your spouse, earn over $300,000 in joint annual income, c) You have a net worth, exceeding $1,000,000 (excluding the value of your primary residence), individually or together with your spouse.
DISCLAIMER
The material on this website is for the general information of our clients and visitors. This website does not constitute an offer to sell or a solicitation of an offer to buy or sell any security or investment product. It may not be relied upon in connection with any offer or sale of securities. Nothing on this website recommends that you purchase, sell or hold any security or pursue any investment style or strategy. Nothing on this website is intended to be, and you should not consider anything on the website to be investment, accounting, tax, or legal advice. Investments may only be made pursuant to a Private Placement Memorandum of Incrementum Equity.
