Venture on 12th Place
Early Stage
6 buildings. 30 units. Getting a makeover
Overview
Raised: $141,000
Total Commitments ($USD)
Platform
Small Change
Start Date
08/15/2022
Close Date
04/18/2023
Min. Goal
$100,000
Max. Goal
$500,000
Min. Investment
$1,000
Security Type
Equity - Preferred
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$1,000.00
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/29/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$576
# of Investors
27
Momentum
Funded
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Year Founded
2022
Industry
Real Estate & Construction
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Venture on 12th Place is raising funds on Small Change. The company is planning to purchase a 30-unit residential apartment building in Phoenix, Arizona. The property has six buildings separated by a courtyard and consists of 16 two-bedroom one-bathroom units, two one-bedroom one-bathroom units, four two-bedroom, 1.5-bathroom units, and eight two-bedroom one-bathroom units. Venture on 12th Place is managed by Neighborhood Management and was founded in June 2022. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $500,000. The campaign proceeds will be used for the acquisition and management of the property.
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 |
$0 |
$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: 08/15/2022
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