AJA Investments
Early Stage
HOTEL INVESTMENT OPPORTUNITY
Overview
Raised: $1,200,000
Total Commitments ($USD)
Platform
Vesterr
Start Date
01/11/2024
Close Date
03/15/2024
Min. Goal
$20,000
Max. Goal
$1,235,000
Min. Investment
$15,000
Security Type
Equity - Common
SEC Filing Type
RegCF
Price Per Share
$1,000.00
Rolling Commitments ($USD)
Status
Funded
Reporting Date
03/30/2024
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$19,048
# of Investors
18
Momentum
Funded
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Year Founded
2023
Industry
Real Estate & Construction
Tech Sector
Proptech
Location
South Riding, Virginia
AJA Investments is raising funds on Vesterr. The company is investing in a 120-key Holiday Inn & Suites located in Lake Charles, Louisiana. AJA Investments plans to acquire the property and convert it into Wyndham Hotels for better brand positioning. The project is expected to generate an annual cash-on-cash return of 18.7% and a 5-year leveraged IRR of 19.15%. The project is sponsored by Duke Ventures, RRD Investments, and JRI Investments and is expected to generate high rates of return. Amina James founded AJA Investments in November 2023. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $1.24 million. The campaign proceeds will be used to pay a portion of the purchase price of the hotel.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$80,652 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$80,652 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 01/11/2024
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