Lyons Ave Renaissance

Lyons Ave Renaissance

Early Stage

Invest in 18 rentals with long term tenants (mostly seniors), a restaurant, an empty space that will be a coffee shop, and a new construction office space in Historic 5th Ward of Houston.

Invest in 18 rentals with long term tenants (mostly seniors), a restaurant, an empty space that will be a coffee shop, and a new construction office space in Historic 5th Ward of Houston.

Overview

Raised this Round: Raised: $1,070,000

Total Commitments ($USD)

Platform

Buy The Block

Start Date

01/01/2020

Close Date

07/10/2020

Min. Goal
$107,000
Max. Goal
$1,070,000
Min. Investment

$250

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$50.00

Pre-Money Valuation

$2,660,000

Year Founded

2019

Industry

Real Estate & Construction

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

Houston, Texas

Business Type

Life Style

Lyons Ave Renaissance, a real estate firm, is raising crowdfunding on Buy The Block, LLC. The company owns a portfolio of residential and commercial properties on Lyons Avenue in the 5th Ward of Houston. The portfolio consists of six 2-bed 1-bath homes and twelve 1-bed 1-bath homes, in addition to two commercial buildings. The properties are in pristine condition and in an excellent location. Lyons Ave Renaissance was founded by Christopher Senegal, a renewed real estate developer. The current round of crowdfunding of Lyons Ave Renaissance has a minimum target of $107,000 and a maximum target of $1,070,000, and the funds will be used towards the acquisition of the rental portfolio, repairs, and cost of design and improvement. The property generates $13,000 per month in rental income that is expected to increase to $15,000 per month.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$50,000

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 01/01/2020
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Lyons Ave Renaissance on Buy The Block
Platform: Buy The Block
Security Type: Equity - Common
Valuation: $2,660,000
Price per Share: $50.00

Follow company

Follow Lyons Ave Renaissance on Buy The Block

Buy Lyons Ave Renaissance's Deal Report

Warning: according to the close date for this deal, Lyons Ave Renaissance may no longer be accepting investments.

Lyons Ave Renaissance Deal Report

Get KingsCrowd’s comprehensive report on Lyons Ave Renaissance including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Lyons Ave Renaissance is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Lyons Ave Renaissance deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge