Do you think 1742 Spruce is a good investment?
YES
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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.SUBSCRIBE TO BENZINGA ALT RATINGS
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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.
What is the target raise?
Target raise is $4,514,620
What is the target cash yield?
Target cash yield is 5%
What is the minimum investment amount?
Min. investment is $500