Under Construction.

26 South Main St. Acquisition Plan

Here is the deal on the old AKO house. $205K purchase price. To make this work, the team would buy the existing LLC that owns the building. That has a lot of tax advantages, etc.

The team would need $50K at signing.

I am proposing selling shares in the LLC for $1K/share to raise the $50K. You can buy half shares or multiple shares. Each share gets you a vote.

I would live in one of the apartments for a period of time. That would let us get a lower, owner-occupied interest rate.

The cash flow is positive to the tune of around $600/month with 9 occupants. This accounts for taxes, water, electric, gas, etc. It also allows for $1,200/year in repairs. If we roll the $600/month in, that's $8,400/year for repairs and upgrades.

Any questions contact Corporate Board Representative ‘910’ John Simmons

Email: Simminsj@gmail.com