Offering Summary
Site: 2107 EM Franklin Ave, Austin, TX 78723
- Preferred Return – 12% per year
- Up to 700 Class A units at $5,000 per unit
- Minimum 20 units ($100,000) per investor
- Preferred Returns paid at the end of the project
Net Cash Flow Distribution
Net Cash flow to be distributed in the following order:
- Where Proceeds are from a Company
- Preferred return on capital invested in that company; then
- Return of capital invested in that company; then
- Same as general cash flow (see below)
- For Cash Flow Generally
- Accrued but unpaid Preferred return; then
- Return of capital contributions, until investors are fully repaid;
- Remaining Net Cash Flow to the Class B Member.
