Venture on Country Club

Venture on Country Club

Early Stage

A flip. From hotel to much needed housing in Arizona

A flip. From hotel to much needed housing in Arizona

Overview

Raised to Date: Raised: $572,000

Total Commitments ($USD)

Platform

Small Change

Start Date

07/06/2021

Close Date

05/31/2022

Min. Goal
$100,000
Max. Goal
$1,000,000
Min. Investment

$1,000

Security Type

Equity - Preferred

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1,000.00

Rolling Commitments ($USD)

Status
Funded
Reporting Date

06/04/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,744

# of Investors

88

Momentum
Funded
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Year Founded

2021

Industry

Real Estate & Construction

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

Phoenix, Arizona

Business Type

Life Style

Venture on Country Club, a real estate company, is raising funds on Small Change. The company aims to acquire a 120-unit hotel located in Mesa, Arizona, and convert it into a residential apartment building. The project will be located at an excellent location around the business corridor with green features and reduced parking. Venture on Country Club is owned by Neighborhood Ventures led by John Kobierowski and Jamison Manwaring. The proceeds of the current crowdfunding round, with a minimum raise of $100,000 and a maximum raise of $1,000,000, will be used for the acquisition of the property and conversion into a hotel. Venture on Country Club is led by an experienced developer and has a three-year plan for refinancing or sale.

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: 07/06/2021
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Venture on Country Club on Small Change 2021
Platform: Small Change
Security Type: Equity - Preferred
Price per Share: $1.00

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