Chamberlain Court
Crowdfunding an opportunity zone project in Charleston's historic East End
Chamberlain Court
Crowdfunding an opportunity zone project in Charleston's historic East End
Crowdfunding an opportunity zone project in Charleston's historic East End
Crowdfunding an opportunity zone project in Charleston's historic East End
Chamberlain Court is a charming set of six brick row homes in the newly expanded historic district in the East End of Charleston, WV. The property consists of two 4 bedroom homes and four 3 bedroom homes. Each home will have at least two on site parking spaces. Conveniently located within a five minute drive to the West Virginia State Capitol Complex, the downtown central business district, and within walking distance to the local baseball stadium, major hospital system, and riverfront walking and biking trails.
Chamberlain Court LLC is currently testing the waters for investor interest with a targeted 15-20% IRR. The project is currently projected to require $334,375 in project equity and $1,003,125 in construction financing, for total project costs of $1,337,500. Note that these are estimated and subject to entering definitive agreements with construction professionals and negotiating the construction loan with a qualified lender. If you are interested in learning more about this regulated crowdfunding opportunity, please fill out the brief form below as a nonbinding indication of interest. You do not need to be an "accredited investor" to participate in a crowdfunding real estate investment opportunity.
Chamberlain Court, Charleston, West Virginia 25311, United States
Experienced real estate developer with multiple successful rehabilitation projects in West Virginia.
Seasoned attorney skilled in start-ups, high-growth businesses and commercial real estate.
The following is a summary of investment terms that may be incomplete and subject to modification and entering definitive agreements. Any discussion of perspective returns is forward looking and subject to market risk.
Accredited investor: To be an accredited investor, a person must have an annual income exceeding $200,000 ($300,000 for joint income) for the last two years with the expectation of earning the same or a higher income in the current year. An individual must have earned income above the thresholds either alone or with a spouse over the last two years. The income test cannot be satisfied by showing one year of an individual's income and the next two years of joint income with a spouse. A person is also considered an accredited investor if they have a net worth exceeding $1 million, either individually or jointly with their spouse.
It is not necessary to be an accredited investor in order to participate in a regulated crowdfunding offering.
No money or other consideration is being solicited and, if sent in response, will not be accepted.
No offer to buy securities can be accepted and no part of the purchase price can be received until an offering statement is filed and only through an intermediary's platform.
An individual's indication of interest involves no obligation or commitment of any kind.
1-6 Chamberlain Court, Charleston, WV
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