Pie 102
About this raise
Pie 102 is raising funds on Invown. The company has acquired a property at 133 Ingle Avenue, Memphis, Tennessee, and plans to renovate and hold it for a minimum of three years. The property was purchased for $11,000 and the company plans to renovate the roof, plumbing, HVAC, and interiors to be rented out under Section 8 rentals. The investors will receive quarterly rental income distribution, a full return of capital on sale, and a 70/30 profit split between investors and management. Eugene Slobodski founded Pie 102 in December 2024. The current crowdfunding campaign has a minimum target of $68,989 and a maximum target of $69,000. The campaign proceeds will be used towards the cost of purchase, cost of construction, and real estate commissions.
Investment Overview
Committed : $69,000
Deal Terms
Total Commitments
- Platform
- Invown
- Start Date
- 02/25/2025
- Close Date
- 04/25/2025
$68,989
$69,000
$500
Equity - Common
RegCF
$1.00
Company & Team
Company
- Year Founded
- 2024
- Industry
- Real Estate & Construction
- Tech Sector
- Location
- New York, New York
- Company Website
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/25/2025 | Invown | - | $69,000 | Equity - Common | Active | RegCF |
