The Seashore
Eureka, CA |
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The Seashore, a 14-unit apartment project in a coastal California city. With plans to remodel and expand to 16 units, it targets the Cal Poly Humboldt Universit...
Investment Returns
Earn Returns with in Two Ways:
- 1. Annual Cash Flow: From rental income, paid out quarterly.
- 2. Annual Appreciation: From property value increases, paid upon sale.
Annual Dividend
N/A
Annual Appreciation
N/A
Total Annual Return
9%
Return Potential
Investment Summary
Annual Rent
$19,000
Operating Costs
$0
Net Cash Flow
$0
Anticipated Annual Appreciation
Based on data from the Zillow Value Home Index (ZHVI) Single Family Homes Time Series, single family homes have appreciated % per year on average for the last 20 years (March 31, 2003 - March 31, 2023).
Est. Annual Appreciation
N/A
Property Purchase Price
$800,000
Construction Cost
$1,200,000
Operating Reserves
$315,000
Total Property Amount
$2,315,000
Strategy
N/A
Project Duration
18 Months
Completed Value
$2,500,000
Estimated Exit Value
N/A
Price Per Share
$10
Shares Offered
180,000
Total Equity Offered
$1,800,000
Holding Period
60 Months
Dividend Schedule
Quarterly
First Dividend
Feb 2026
Property Type
Multi-Family
Building Size (sqft)
21,000
Year Built
Units
Eureka, CA
Relli Development
Gold Tier Developer
Relli Development innovates in real estate, creating unique residential and commercial spaces with a focus on ...
Frequently Asked Questions (FAQs)
You're buying a portion of a property, which gives you part ownership. This approach allows you to earn from rental income if the property is rented out and benefit from an increase in the property's value over time.
Relli employs a rigorous selection process. Our team of experts evaluates potential properties based on location, potential for appreciation, historical performance, and alignment with our investors' goals.
While we carefully select properties, we understand that the real estate market can be unpredictable. However, we believe that our methods of scrutinizing risk will provide our investors the best chance at diversifying their money into real estate.
Reserved
$350,431
657 Investors | $1,800,000 Max
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Key Updates
January 08, 2024
Preliminary Assessment
March 21, 2024
Passed Screening
April 12, 2024
Listed on Relli
Documents
Detailed Blueprints
Detailed Blueprints of the property
Use of Funds
Schedule of Values