The King Henry
Early Stage
Converting surface parking to new housing in Old Town Alexandria.
Overview
Raised: $12,500
Rolling Commitments ($USD)
Status
Active
Reporting Date
09/26/2023
Days Remaining
65
% of Min. Goal
4%
% of Max. Goal
1%
Likelihood of Max
Avg. Daily Raise
$595
# of Investors
5
Momentum
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Year Founded
2023
Industry
Tech Sector
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Old King Henry, LLC, in association with Wall Street Capital Partners, is raising funds on Small Change. The company is looking to build a scattered site, multi-family real estate project in Alexandria, VA. Four buildings are planned with a total of 50 units and a parking deck and automated parking garage. The project aims to bring much-needed housing in Old Town Alexandria, a location that was voted one of Travel + Leisure’s best places to travel in 2021 and a Condé Nast Traveler top five best small cities in the US, 2022. Joel Miller founded The King Henry. The current crowdfunding campaign has a minimum target of $300,000 and a maximum target of $1,000,000. The campaign proceeds will be used to develop the project, which includes land acquisition and construction costs.
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