Available Opportunities
Seacrest Beach, Florida
30A Fund - The Emerald Coast Portfolio
Luxury Vacation Home Rentals located along Florida's Scenic Highway 30A
30A Fund, LLC, The Emerald Coast Portfolio, is a Short Term Rental (STR) investment portfolio comprised of 3 luxury vacation rentals located on the shores of the Gulf of Mexico and along Florida's Scenic Highway 30A, which is a tourist attraction of major proportions. Specifically, the homes are located in one of the most charming communities along 30A, known as Seacrest Beach.
Purchase Price:$6,510,000
Expected Investment Term:5 years
Projected IRR:22%
Projected Avg Annual Cash-on-Cash:15.5%
Projected Equity Multiple:2.3x
Investor Preferred Return:6%
Investors will have the opportunity to use the homes for their own personal enjoyment
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Fully Funded
The Aurora
Acquired in June 2022, The Aurora is a 6-unit multifamily asset located in Detroit's Brush Park Historic District, which is Detroit's fastest growing and developing residential neighborhoods. Originally constructed in 1910, the property went through renovations in 2018 and 2021 and is within walking distance to all of Detroit's professional sporting venues and arenas. The business plan for this investment will be to meet the demand of business travelers, tourists, and short terms stays by operating the property as a short term rental asset.
Purchase Price:$1,270,000
Expected Investment Term:5 years
Preferred Return:6%
Projected IRR:37.9%
Projected Avg Cash-on-Cash:14.9%
Projected Equity Multiple:3.54x
4240 Cass Ave.
122 & 132 W. Willis St.
Detroit, MI
The Auburn, Edman and Milton
Purchased in December 2021, this investment opportunity features 72 Class B+ mid-rise multifamily units and approximately 9,000 sf of retail space across three adjacent properties located at 4240 Cass Ave. Located in the highly desirable Midtown neighborhood of Detroit, MI, approximately two miles north of downtown Detroit. The Auburn, located at 4240 Cass Ave., was built in 2012 and is comprised of approximately 45,000 sf of net rentable area across 58 apartment units, 9,000 sf of ground floor retail space, 97 parking spaces and over 2,000 sf of amenity space. The Edman and Milton, located at 122 and 132 W. Willis St, respectively, were built in 1912, and later renovated in 2016, and consist of two buildings and 14 apartment units in total.
Purchase Price:$11,100,000
Minimum Investment:$150,000
Expected Investment Term:5 years
Projected IRR:21.5%
Projected Equity Multiple:2.01x
The Bridge
1020, 1034, 1044 & 1060 Alter Rd.
Detroit, MI
The Bridge
(formally known as Pointe Manor)
The Bridge is a 4-building property comprised of 62 studio, one bed – one bath, and two bed – one bath apartment units located 6 miles east of downtown Detroit on the border of Detroit and Grosse Pointe Park, MI. The property sits off Jefferson Ave., a main thoroughfare that abuts
the Detroit River, Lake St. Clair, and connects downtown Detroit
to its affluent suburbs to the east.
Purchase Price:$3,610,500
Minimum Investment:$50,000
Expected Investment Term:4 years
Preferred Return:7%
Projected IRR:19%
Projected Equity Multiple:1.9x