MVP fund IV – Eastfield Station
Charlotte is a major commerce center and the second largest banking center in the country with the corporate headquarters for Bank of America and the East Coast operations for Wells Fargo. The Queen City is also the home to the Carolina Panthers, The Charlotte Hornets, two NASCAR Spring Cup races, the NASCAR Hall of Fame and the Charlotte Douglas International Airport, wish is the 23rd busiest airport in the world.
Population growth in Charlotte has been increasing 2% annually while the number of housing units has grown only by 1.3%. There is simply not enough housing and a perfect opportunity!
MVP Equities Fund IV is acquiring a 48-hour parcel located at 6106 Hucks Road – Charlotte, NC 28269 upon which it will construct a 510 unit multi-family complex consisting of 104 townhomes and 406 apartments. This is not only an amazing location, but also MVP Equities is excited about Charlotte due to its massive rent growth in the housing shortage amid massive population growth.
Investors should be prepared to leave their money in for a minimum of 3 years. When MVP sells (or refinances), investors are first to receive their principal.
Expected closing on the land is Q2 2021.
6106 Hucks Road – Charlotte, NC 28269.
Open for investors. Please click on the button “Investor Portal” and you will be able to view more information about this project including the Private Placement Memorandum.
510 unit multi-family complex consisting of 104 townhomes and 406 apartments.
Depending on your investment between 15% and 18%.