I’m looking at an interesting deal for someone to put out roughly $300k in cash.
There’s not enough pop to make it worthwhile for one of our funds.
But it’s a reasonable way to get a 6-7% / year return with a bunch of upside as the neighborhood improves (hint: it will).
If you’re interested, get in touch, and I’ll introduce you to the relevant agent here at Adaptive.
Oh, and if you want to be notified when we come across something like this in the future, please join the mailing list.