Venture at Villa Hermosa

Venture at Mountain View

Venture on Williams

Project One

Project Two

Project Three

Date Offering Closed

09/24/2020   

04/02/2021   

05/04/2021   

Duration of Offering in Months

9   

7   

3   

Months to Invest 90% of Amount Raised

9   

6   

1   

Amount Offered

$1,000,000   

$1,000,000   

$1,100,000   

Amount Raised

$1,000,000   

$1,000,000   

$1,083,000   

Deductions

Selling commissions retained by affiliates

$0   

$0   

$0   

Organizational and Offering Expenses

$39,286   

$48,859   

$16,489   

Reserves

$113,000   

$115,000   

$115,000   

Amount Available for Investment

$0   

$0   

$0   

Acquisition Cost

Purchase Price of Real Estate

$2,450,000   

$2,730,000   

$3,000,000   

Cost of Renovations and Improvements

$560,000   

$362,000   

$715,000   

Acqusition Fees**

$60,000   

$60,000   

$66,000   

Debt

$1,837,500   

$2,052,000   

$2,134,000   

Percent Leverage

75% 

75% 

71% 

Venture on 19th

Venture on Elden

Venture on Broadway

Project Four

Project Five

Project Six

Date Offering Closed

04/27/2021   

06/08/2021   

12/14/2021   

Duration of Offering in Months

2   

3   

8   

Months to Invest 90% of Amount Raised

1   

1   

2   

Amount Offered

$1,400,000   

$1,500,000   

$1,000,000   

Amount Raised

$1,400,000   

$1,500,000   

$1,000,000   

Deductions

Selling commissions retained by affiliates

$0   

$0   

$0   

Organizational and Offering Expenses

$76,926   

$974   

$85,799   

Reserves

$110,000   

$30,000   

$145,000   

Amount Available for Investment

$0   

$0   

$0   

Acquisition Cost

Purchase Price of Real Estate

$4,500,000   

$3,200,000   

$1,560,000   

Cost of Renovations and Improvements

$160,200   

$560,000   

$950,000   

Acqusition Fees

$84,000   

$90,000   

$60,000   

Debt

$2,850,000   

$2,200,000   

$798,391   

Percent Leverage

63% 

69% 

51% 

Venture on Country Club

Venture on Central

Venture at
Route 66

Project Seven

Project Eight

Project Nine

Date Offering Closed

12/10/2021   

03/28/2022   

04/08/2022   

Duration of Offering in Months

6   

1   

1   

Months to Invest 90% of Amount Raised

5   

1   

1   

Amount Offered

$3,500,000   

$1,525,000   

$1,600,000   

Amount Raised

$3,500,000   

$1,525,000   

$1,600,000   

Deductions

Selling commissions retained by affiliates

$0   

$0   

$0   

Organizational and Offering Expenses

$237,525   

$67,467   

$66,879   

Reserves

$500,000   

$270,000   

$80,000   

Amount Available for Investment

$0   

$0   

$0   

Acquisition Cost

Purchase Price of Real Estate

$13,200,000   

$5,000,000   

$2,950,000   

Cost of Renovations and Improvements

$1,580,000   

$660,000   

$528,000   

Acqusition Fees

$446,713   

$158,967   

$162,880   

Debt

$10,400,000   

$3,875,000   

$1,750,000   

Percent Leverage

79% 

78% 

59% 

Venture on
12th Place

Venture on
36th

Project Ten

Project Eleven

Date Offering Closed

09/13/2022   

03/25/2024   

Duration of Offering in Months

4   

10   

Months to Invest 90% of Amount Raised

3   

3   

Amount Offered

$2,000,000   

$1,750,000   

Amount Raised

$2,000,000   

$1,740,000   

Deductions

Selling commissions retained by affiliates

$139,444   

0   

Organizational and Offering Expenses

$0   

0   

Reserves

$340,000   

380000   

Amount Available for Investment

$0   

Acquisition Cost

Purchase Price of Real Estate

$6,650,000   

$4,800,000   

Cost of Renovations and Improvements

$1,350,000   

$750,000*

Acqusition Fees

$259,444   

$104,400   

Debt

$4,975,000   

$4,330,000   

Percent Leverage

75% 

90% 

Venture at Villa Hermosa

Venture at Mountain View

Venture on Williams

Project One

Project Two

Project Three

Date Offering Closed

09/24/2020   

04/02/2021   

05/04/2021   

Amount Raised

$1,000,000 

$1,000,000 

$1,100,000 

Fees Paid to Sponsor from Offering Proceeds

Acquisition Fees

$60,000 

$60,000 

$66,000 

Real Estate Commissions

$0 

$0 

$0 

Reimbursement of Expenses

$0 

$0 

$0 

Other

$0 

$0 

$0 

Fees Paid to Sponsor from Operations

Property Management Fees

- 

- 

- 

Partnership Management Fees

- 

- 

- 

Distributions of "Promoted Interest"

- 

- 

- 

Reimbursement of Expenses

- 

- 

- 

Leasing Commissions

- 

- 

- 

Other

- 

- 

- 

Gross Sales and Refinancings of Property

- 

- 

- 

Fees Paid to Sponsor from Sales and Refinancings

- 

- 

- 

Commissions

- 

- 

- 

Disposition Fees

$30,000 

$30,000 

$33,000 

Distributions of "Promoted Interest"

$307,981 

$0 

$834,883 

Other

Venture on
19th

Venture on
Elden

Venture on
Broadway

Project Four

Project Five

Project Six

Date Offering Closed

04/27/2021   

06/08/2021   

12/14/2021   

Amount Raised

$1,400,000 

$1,500,000 

$1,000,000 

Fees Paid to Sponsor from Offering Proceeds

Acquisition Fees

$84,000 

$90,000 

$60,000 

Real Estate Commissions

$0 

$0 

$0 

Reimbursement of Expenses

$0 

$0 

$0 

Other

$0 

$0 

$0 

Fees Paid to Sponsor from Operations

Property Management Fees

- 

- 

- 

Partnership Management Fees

- 

- 

- 

Distributions of "Promoted Interest"

- 

- 

- 

Reimbursement of Expenses

- 

- 

- 

Leasing Commissions

- 

- 

- 

Other

- 

- 

- 

Gross Sales and Refinancings of Property

- 

- 

- 

Fees Paid to Sponsor from Sales and Refinancings

- 

- 

- 

Commissions

- 

- 

- 

Disposition Fees

$42,000.00 

- 

- 

Distributions of "Promoted Interest"

1,461,840.00 

- 

- 

Other

Venture on Country Club

Venture on Central

Venture at
Route 66

Project Seven

Project Eight

Project Nine

Date Offering Closed

12/10/2021   

03/28/2022   

04/08/2022   

Amount Raised

$3,500,000 

$1,525,000 

$1,600,000 

Fees Paid to Sponsor from Offering Proceeds

Acquisition Fees

$210,000 

$91,500 

$96,000 

Real Estate Commissions

$0 

$0 

$0 

Reimbursement of Expenses

$0 

$0 

$0 

Other

$0 

$0 

$0 

Fees Paid to Sponsor from Operations

Property Management Fees

- 

- 

- 

Partnership Management Fees

- 

- 

- 

Distributions of "Promoted Interest"

- 

- 

- 

Reimbursement of Expenses

- 

- 

- 

Leasing Commissions

- 

- 

- 

Other

- 

- 

- 

Gross Sales and Refinancings of Property

- 

- 

- 

Fees Paid to Sponsor from Sales and Refinancings

- 

- 

- 

Commissions

- 

- 

- 

Disposition Fees

- 

- 

- 

Distributions of "Promoted Interest"

- 

- 

- 

Other

Venture on
12th Place

Venture on
36th

Project Ten

Project Eleven

Date Offering Closed

09/13/2022   

03/25/2024   

Amount Raised

$2,000,000 

$1,740,000 

Fees Paid to Sponsor from Offering Proceeds

Acquisition Fees

$120,000 

$104,400 

Real Estate Commissions

$0 

$0 

Reimbursement of Expenses

$0 

$0 

Other

$0 

$0 

Fees Paid to Sponsor from Operations

Property Management Fees

- 

- 

Partnership Management Fees

- 

- 

Distributions of "Promoted Interest"

- 

- 

Reimbursement of Expenses

- 

- 

Leasing Commissions

- 

- 

Other

- 

- 

Gross Sales and Refinancings of Property

- 

- 

Fees Paid to Sponsor from Sales and Refinancings

- 

- 

Commissions

- 

- 

Disposition Fees

- 

- 

Distributions of "Promoted Interest"

- 

- 

Other

Operating Results for 2018

Venture on Wilson

Venture on Marlette

Project One

Project Two

Gross Operating Income

$24,136  

$-  

Tax Deductions

$-  

$-  

Taxable Income from operations

$-  

$-  

Net Cash From Operations

$(355) 

$(14.00) 

Gains from Sales of Property

$-  

$-  

Net Cash From Property Sales

$-  

$-  

Net Cash from Refinancing of Property

$-  

$-  

Distributions to Investors Per $10,000 Invested

$-  

$-  

ReturnofCapital

$-  

$-  

FromOperations

$-  

$-  

FromSales

$-  

$-  

FromRefinancings

$-  

$-  

Operating Results for 2019

Venture on
Wilson

Venture on Marlette

Venture on
66th

Project One

Project Two

Project Three

Gross Operating Income

$87,723 

$4,275  

$24,415 

Tax Deductions

$- 

$-  

$- 

Taxable Income from operations

$36,039 

$-  

$3,155 

Net Cash From Operations

$36,039 

$(11,571) 

$3,155 

Gains from Sales of Property

$- 

$-  

$- 

Net Cash From Property Sales

$- 

$-  

$- 

Net Cash from Refinancing of Property

$- 

$-  

$- 

Distributions to Investors Per $10,000 Invested

$50 

$-  

$- 

Return of Capital

$- 

$-  

$- 

From Operations

$50 

$-  

$- 

From Sales

$- 

$-  

$- 

From Refinancings

$- 

$-  

$- 

Operating Results for 2020

Venture on
Wilson

Venture on Marlette

Venture on
66th

Project One

Project Two

Project Three

Gross Operating Income

$149,322 

$28,883  

$179,372 

Tax Deductions

$123,245 

$34,927  

$- 

Taxable Income from operations

$89,069 

$-  

$87,881 

Net Cash From Operations

$89,069 

$(7,075) 

$87,881 

Gains from Sales of Property

$- 

$-  

$417,171 

Net Cash From Property Sales

$- 

$-  

$307,827 

Net Cash from Refinancing of Property

$126 

$77,205  

$48,282 

Distributions to Investors Per $10,000 Invested

$600 

$-  

$12,074 

Return of Capital

$- 

$-  

$10,000 

From Operations

$600 

$-  

$- 

From Sales

$- 

$-  

$2,074 

From Refinancings

$- 

$-  

$- 

Operating Results for 2020

Venture at
Villa Hermosa

Venture at
Mountain View

Project Four

Project Five

Gross Operating Income

$77,998 

$21,969 

Tax Deductions

$115,213 

$3,499 

Taxable Income from operations

$51,146 

$13,701 

Net Cash From Operations

$51,146 

$13,701 

Gains from Sales of Property

$- 

$- 

Net Cash From Property Sales

$- 

$- 

Net Cash from Refinancing of Property

$- 

$- 

Distributions to Investors Per $10,000 Invested

$- 

$- 

Return of Capital

$- 

$- 

From Operations

$- 

$- 

From Sales

$- 

$- 

From Refinancings

$- 

$- 

Operating Results for 2021

Venture on
Wilson

Venture on Marlette

Venture at
Villa Hermosa

Project One

Project Two

Project Four

Gross Operating Income

$51,393 

$71,637 

$181,565 

Tax Deductions

$-   

$-   

$77,637   

Taxable Income from operations

$-   

$32,835   

$102,875   

Net Cash From Operations

$(17,754)  

$32,835   

$102,875   

Gains from Sales of Property

$406,242   

$1,180,528   

$472,639   

Net Cash From Property Sales

$236,613   

$131,671   

$307,981   

Net Cash from Refinancing of Property

$-   

$-   

$1,650   

Distributions to Investors Per $10,000 Invested

$14,680   

$13,313   

$12,234   

Return of Capital

$10,000   

$10,000   

$10,000   

From Operations

$150   

$150   

$-   

From Sales

$4,530   

$3,163   

$2,234   

From Refinancings

$-   

$-   

$-   

Amount Remaining Invested

0% 

0% 

0% 

Operating Results for 2021

Venture at Mountain View

Venture on Williams

Venture on
19th

Project Five

Project Six

Project Seven

Gross Operating Income

$191,954   

$157,047   

$249,815   

Tax Deductions

$97,887   

$74,251   

$-   

Taxable Income from operations

$100,120   

$101,284   

$135,013   

Net Cash From Operations

$100,120   

$101,284   

$135,013   

Gains from Sales of Property

$-   

$-   

$-   

Net Cash From Property Sales

$-   

$-   

$-   

Net Cash from Refinancing of Property

$-   

$-   

$-   

Distributions to Investors Per $10,000 Invested

$600   

$-   

$300   

Return of Capital

$-   

$-   

$-   

From Operations

$600   

$-   

$300   

From Sales

$-   

$-   

$-   

From Refinancings

$-   

$-   

$-   

Amount Remaining Invested

100% 

100% 

100% 

Operating Results for 2021

Venture on
Elden

Venture on Broadway

Venture on Country Club

Project Eight

Project Nine

Project Ten

Gross Operating Income

$72,607   

$32,655   

$54,900   

Tax Deductions

$-   

$-   

$217,692   

Taxable Income from operations

$40,877   

$-   

$-   

Net Cash From Operations

$40,877   

$(16,260)  

$(94,987)  

Gains from Sales of Property

$-   

$-   

$-   

Net Cash From Property Sales

$-   

$-   

$-   

Net Cash from Refinancing of Property

$-   

$-   

$-   

Distributions to Investors Per $10,000 Invested

$-   

$-   

$50   

Return of Capital

$-   

$-   

$-   

From Operations

$-   

$-   

$50   

From Sales

$-   

$-   

$-   

From Refinancings

$-   

$-   

$-   

Amount Remaining Invested

100% 

100% 

100% 

Operating Results for 2022

Venture at Mountain View

Venture on Williams

Venture on
19th

Project Five

Project Six

Project Seven

Gross Operating Income

$290,524   

$344,946   

$249,815   

Tax Deductions

$107,443   

$115,143   

$-   

Taxable Income from operations

$186,447   

$230,619   

$135,013   

Net Cash From Operations

$186,447   

$230,619   

$135,013   

Gains from Sales of Property

$-   

$-   

$-   

Net Cash From Property Sales

$-   

$-   

$-   

Net Cash from Refinancing of Property

$-   

$-   

$-   

Distributions to Investors Per $10,000 Invested

$600   

$550   

$12,534   

Return of Capital

$-   

$-   

$10,000   

From Operations

$600   

$550   

$300   

From Sales

$-   

$-   

$2,234   

From Refinancings

$-   

$-   

$-   

Amount Remaining Invested

100% 

100% 

0% 

Operating Results for 2022

Venture on
Elden

Venture on Broadway

Venture on Country Club

Project Eight

Project Nine

Project Ten

Gross Operating Income

$111,457   

$84,409   

$1,318,088   

Tax Deductions

$-   

$-   

$567,405   

Taxable Income from operations

$24,499   

$-   

$638,321   

Net Cash From Operations

$24,499   

$(2,401)  

$638,321   

Gains from Sales of Property

$-   

$-   

$-   

Net Cash From Property Sales

$-   

$-   

$-   

Net Cash from Refinancing of Property

$-   

$-   

$-   

Distributions to Investors Per $10,000 Invested

$-   

$-   

$550   

Return of Capital

$-   

$-   

$-   

From Operations

$-   

$-   

$550   

From Sales

$-   

$-   

$-   

From Refinancings

$-   

$-   

$-   

Amount Remaining Invested

100% 

100% 

100% 

Operating Results for 2022

Venture on
Central

Venture at
Route 66

Venture on
12th Place

Project Eight

Project Nine

Project Ten

Gross Operating Income

$33,880  

$20,844  

$45,584  

Tax Deductions

$-  

$-  

$-  

Taxable Income from operations

$-  

$-  

$-  

Net Cash From Operations

$(14,693) 

$(8,005) 

$(20,611) 

Gains from Sales of Property

$-  

$-  

$-  

Net Cash From Property Sales

$-  

$-  

$-  

Net Cash from Refinancing of Property

$-  

$-  

$-  

Distributions to Investors Per $10,000 Invested

$-  

$-  

$50  

Return of Capital

$-  

$-  

$-  

From Operations

$-  

$-  

$50  

From Sales

$-  

$-  

$-  

From Refinancings

$-  

$-  

$-  

Amount Remaining Invested

100%

100%

100%

Operating Results for 2022

Venture on 36th

Project Eight

Gross Operating Income

$-   

Tax Deductions

$-   

Taxable Income from operations

$-   

Net Cash From Operations

$-   

Gains from Sales of Property

$-   

Net Cash From Property Sales

$-   

Net Cash from Refinancing of Property

$-   

Distributions to Investors Per $10,000 Invested

$-   

Return of Capital

$-   

From Operations

$-   

From Sales

$-   

From Refinancings

$-   

Amount Remaining Invested

100% 

Operating Results for 2023

Venture at Mountain View

Venture on Williams

Venture on
36th

Project Five

Project Six

Project Eight

Gross Operating Income

$319,449   

$70,225   

$109,948   

Tax Deductions

$103,065   

$14,907   

$-   

Taxable Income from operations

$143,939   

$39,754   

$44,998   

Net Cash From Operations

$143,939   

$39,754   

$44,998   

Gains from Sales of Property

$-   

$-   

$-   

Net Cash From Property Sales

$-   

$-   

$-   

Net Cash from Refinancing of Property

$-   

$-   

$-   

Distributions to Investors Per $10,000 Invested

$600   

$11,899   

$-   

Return of Capital

$-   

$10,000   

$-   

From Operations

$600   

$100   

$-   

From Sales

$-   

$1,799   

$-   

From Refinancings

$-   

$-   

$-   

Amount Remaining Invested

100% 

100% 

100% 

Operating Results for 2023

Venture on
Elden

Venture on Broadway

Venture on Country Club

Project Eight

Project Nine

Project Ten

Gross Operating Income

$366,028   

$160,797   

$1,610,023   

Tax Deductions

$-   

$-   

$579,169   

Taxable Income from operations

$203,093   

$-   

$727,133   

Net Cash From Operations

$203,093   

$115,317   

$727,133   

Gains from Sales of Property

$-   

$-   

$-   

Net Cash From Property Sales

$-   

$-   

$-   

Net Cash from Refinancing of Property

$-   

$-   

$-   

Distributions to Investors Per $10,000 Invested

$600   

$-   

$550   

Return of Capital

$-   

$-   

$-   

From Operations

$600   

$-   

$550   

From Sales

$-   

$-   

$-   

From Refinancings

$-   

$-   

$-   

Amount Remaining Invested

100% 

100% 

100% 

Operating Results for 2023

Venture on
Central

Venture at
Route 66

Venture on
12th Place

Project Eight

Project Nine

Project Ten

Gross Operating Income

$351,263   

$143,461   

$218,290   

Tax Deductions

$-   

$-   

$217,692   

Taxable Income from operations

$233,561   

$44,449   

$99,105   

Net Cash From Operations

$233,561   

$44,449   

$99,105   

Gains from Sales of Property

$-   

$-   

$-   

Net Cash From Property Sales

$-   

$-   

$-   

Net Cash from Refinancing of Property

$-   

$-   

$-   

Distributions to Investors Per $10,000 Invested

$-   

$-   

$50   

Return of Capital

$-   

$-   

$-   

From Operations

$-   

$-   

$50   

From Sales

$-   

$-   

$-   

From Refinancings

$-   

$-   

$-   

Amount Remaining Invested

100% 

100% 

100% 

Venture on
Wilson

Venture on
Marlette

Date Offering Closed

05/31/2018     

12/21/2018     

Amount Offered and Raised

$500,000   

$597,000   

Cost of Real Estate Purchased

$1,200,000   

$1,600,000   

Cost of Renovations

$267,000   

$946,000   

Date Property Was Sold

13-04-21   

20-04-21   

Net Proceeds of Sale

$2,100,000   

$3,562,000   

Total Distributions to Investors Per $10,000 Invested*

$13,819   

$13,013   

IRR To Investors Over Life of Program

12% 

12% 

Venture on
66th

Venture at
Villa Hermosa

Date Offering Closed

07/02/2019     

09/04/2020     

Amount Offered and Raised

$550,000   

$1,000,000   

Cost of Real Estate Purchased

$1,025,000   

$2,450,000   

Cost of Renovations

$300,000   

$560,000   

Date Property Was Sold

31-12-20   

21-10-21   

Net Proceeds of Sale

$2,100,000   

$3,920,000   

Total Distributions to Investors Per $10,000 Invested*

$11,855   

$11,364   

IRR To Investors Over Life of Program

12% 

12% 

Venture on 19th

Date Offering Closed

05/21/2021   

Amount Offered and Raised

$1,400,000   

Cost of Real Estate Purchased

$4,500,000   

Cost of Renovations

$0   

Date Property Was Sold

15-12-22   

Net Proceeds of Sale

$6,765,000   

Total Distributions to Investors Per $10,000 Invested*

$12,077   

IRR To Investors Over Life of Program

12% 

Venture on Wilson

Venture on Marlette

Venture on 66th

Venture at Villa Hermosa

Venture on 19th

Date Property Purchased

07/20/2018

01/04/2019

06/21/2019

03/16/2020

05/21/2021

Date Property Sold

04/13/2021

04/20/2021

05/21/2021

12/15/2022

12/15/2022

Sold to Related Party

Yes*

No

No

No

No

Total Cost of Property, Including Improvements

$1,467,000 

$2,546,000 

$1,325,000 

$3,010,000 

$4,500,000 

Gross Selling Price of Property

$2,100,000 

$3,562,000 

$2,100,000 

$3,920,000 

$6,765,000 

Net Proceeds After Costs

$236,613 

$131,671 

$307,827 

$307,981 

$1,461,840 

Original Mortgage Financing

$992,200 

$1,350,000 

$830,000 

$2,325,000 

$2,850,000 

Mortgage Balance At Time of Sale

$1,050,000 

$1,525,541 

$1,000,000 

$2,283,392 

$2,887,059 

Mortgage Taken Back by Seller

$- 

$- 

$- 

$- 

$- 

Venture at Villa Hermosa

Venture at Mountain View

Venture on Williams

Project One

Project Two

Project Three

Date Property Purchased

03/16/2020

12/11/2020

04/09/2021

Type of Property

MultiFamily

MultiFamily

MultiFamily

Gross Leaseable Square Feet

Total Cost of Property, Including Improvements

$3,010,000 

$3,095,000 

$3,714,500 

Mortgage Financing

$1,837,500 

$2,052,000 

$2,134,000 

Venture on
19th

Venture on Elden

Venture on Broadway

Project Four

Project Five

Project Six

Date Property Purchased

05/21/2021

04/30/2021

07/01/2021

Type of Property

MultiFamily

MultiFamily

Retail

Gross Leaseable Square Feet

Total Cost of Property, Including Improvements

$4,661,500 

$3,776,000 

$2,960,000 

Mortgage Financing

$2,850,000 

$2,200,000 

$798,391 

Venture on Country Club

Venture on Central

Venture at Route 66

Project Seven

Project Eight

Project Nine

Date Property Purchased

08/12/2021

04/22/2022

05/18/2022

Type of Property

MultiFamily

MultiFamily

MultiFamily

Gross Leaseable Square Feet

Total Cost of Property, Including Improvements

$4,825,000 

$5,660,000 

$3,478,000 

Mortgage Financing

$10,400,000 

$3,875,000 

$1,750,000 

Venture on
12th Place

Venture on
17th

Venture on
36th Street

Project Ten

Date Property Purchased

07/29/2022

03/15/2023

07/07/2023

Type of Property

MultiFamily

MultiFamily

MultiFamily

Gross Leaseable Square Feet

Total Cost of Property, Including Improvements

$8,000,000 

$7,150,000 

$5,550,000 

Mortgage Financing

$4,975,000 

$4,037,000 

$4,330,000