The Richmond

Min. Investment$100

Offering Amount$447,990

Offered By

Arrived Homes is an alternative investment platform that allows individuals to easily invest in real estate by purchasing shares of rental properties. Investors on the platform earn passive income through the rental revenue while waiting for the properties they invest in to appreciate in value over time.

Historic Returns

9.3% - 13.3%*

Investor Types

Real Estate Crowdfunding

Min. Investment

$100

Property Types Available

Residential

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Do you think The Richmond is a good investment?

YES

Comments

The Richmond is a five-bedroom, three-bathroom home located in Portsmouth, Virginia. Newly completed in 2023, this two-story home features a spacious open floor concept on the first floor with living, dining, and ample kitchen space. The home features a large deck off the kitchen, perfect for entertaining, and upgrades like recessed lighting and SS appliances. Located near downtown Portsmouth, The Richmond is within a short distance of the Norfolk Naval Shipyard and has convenient access to the highway system.

Terms

Min. Investment$100

Offering Amount$447,990

Target Return6%

Property TypeResidential

Target Hold Period5 - 7 years

Target Raise$447,990

Close DateTBD

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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.