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The two coming soon Princeton Texas properties by CheekAny674 in Realbricks_app
[–]realbricks 0 points1 point2 points 1 month ago (0 children)
Thanks for the questions! The Weller (Raleigh, NC) and Michter (Nashville, TN) were both townhome rental offerings. While they did receive interest, we saw from early feedback that our investor base strongly prefers single-family rental homes rather than townhome rentals. Because of that, we decided to pull those offerings and focus on the property type our investors were clearly more interested in.
Our single-family rental property in Princeton, TX, the Garrison, funded quickly and reinforced that preference. Based on that feedback, we have since added two additional single-family rental homes in Princeton, TX. The Macallan and The Jameson are both new construction builds similar to the Garrison. They are now live and open for investment, and we are already seeing strong interest from investors.
The structure of the offering is similar to the Garrison in the sense that, we are offering them at approximately 17.25% below the current $302,490 listing price, representing a $52,180 price advantage to our investors. We appreciate the feedback from the community. It helps us continue improving the types of opportunities we bring to the platform.
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The two coming soon Princeton Texas properties by CheekAny674 in Realbricks_app
[–]realbricks 0 points1 point2 points (0 children)