Profit Property 946 MLK

Profit Property 946 MLK

Closed: Feb. 2020

About this raise

Profit Property 946 MLK, an entity that allows people to invest in high-value real estate, is raising funds on Republic. The company invests in properties at below the average market price and then improves them with the help of its real estate development and property management partner. Profit Property 946 MLK was founded by Zak Laikin in August 2019 specifically to allow investment in 946 MLK property in Indiana. The proceeds of the current crowdfunding round, with a minimum and maximum target of $1,070,000, will be used towards building the 20-unit apartment community at 946 MLK. Profit Property 946 MLK is backed by an experienced team with a proven track record. The crowdfunding investors will be the sole equity investors and will also receive voting rights.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments

Platform
Republic
Start Date
11/21/2019
Close Date
02/15/2020
Min. Goal
$10,000
Max Goal
$1,070,000
Min. Investment

$100

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$100.00

Pre-Money Valuation

$10,000

Company & Team

Company

Year Founded
2019
Industry
Real Estate & Construction
Tech Sector
Distribution Model
B2C
Margin
Capital Intensity
Location
Las Vegas, Nevada
Company Website
Visit Website

Team

Employees
1

Funding data not publicly available

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/15/2020 Republic $10,000 $0 Equity - Common Not Funded RegCF
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Profit Property 946 MLK on Republic
Platform: Republic
Security Type: Equity - Common
Valuation: $10,000
Price per Share: $100.00

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