The King Henry
Early Stage
Converting surface parking to new housing in Old Town Alexandria.
Overview
Raised: $558,000
Total Commitments ($USD)
Platform
Small Change
Start Date
09/04/2023
Close Date
04/30/2024
Min. Goal
$300,000
Max. Goal
$1,235,000
Min. Investment
$1,000
Security Type
Equity - Preferred
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$1.00
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/04/2024
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$2,345
# of Investors
40
Momentum
Funded
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Year Founded
2023
Industry
Real Estate & Construction
Tech Sector
Non-Tech
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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