1742 Spruce

Min. Investment$500
Expected Annual Return15.20%
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Offered By

Collab was created to bring the opportunities offered to institutional investors to everyone. Student housing is one of the most consistent real estate sectors. Now, you can co-own an income-generating student housing property, too, for just $500.

Historic Returns
19% IRR
Investor Types
Fractional Real Estate
Min. Investment
$500
Property Types Available
Student Housing
Available To
non-accredited-investors
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Do you think 1742 Spruce is a good investment?

YES
NO
1742 Spruce Street is a 10-unit, 23-bedroom, and 17.5-bathroom building situated less than a block from the University of California, Berkeley campus and within walking distance to the Downtown Berkeley BART Station.

Terms

Min. Investment$500
Expected Annual Return15.20%
Target Return15%
Property TypeStudent Housing
Target Hold Period5 - 10 years
Target Cash Yield5%
Target Raise$4,514,620
Close DateTBD

Benzinga's Take

Student housing rent rose by 4.7% in 2022, and a similar trend is happening with preleasing for the fall of 2023.
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Offering Disclosure

Benzinga Money is a reader-supported publication. We may earn a commission from the advertisers. Read our Advertiser Discloser. The information contained herein is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities or ownership interests. Fractional ownership in real estate involves purchasing a percentage share of a property rather than owning the entire property outright. This type of investment carries risks, including but not limited to market volatility, lack of liquidity, and potential loss of capital.
Q

What is the target raise?

A
Target raise is $4,514,620
Q

What is the target cash yield?

A
Target cash yield is 5%
Q

What is the minimum investment amount?

A
Min. investment is $500

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