Swank Atlanta
Distinctive, modern residences. In Atlanta's Beltline District.
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Loan secured. Construction loan term sheet secure in preparation for construction start
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Shovel ready. Entitled and ready to build
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Quick Build. Anticipated 12 to 18 months construction period
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Pre-sales, Pre-sales planned to begin immediately after construction commencement
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Walkable + bikeable. 5-minute walk to the Atlanta Belt-line, shopping, dining and at least 3 parks
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Easy access. 15-minutes to Atlanta International Airport, considered the world's busiest airport
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Maximizing light. Fully open roof terraces
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Non-standard amenities. Swim spa option, wet bar, home theater + panoramic views
We have created a mathematical calculation based on our current assumptions. We estimate that net cash flow will grow from a sunk cost of -$687,532 to -$3,325,859 in year 1 to $0 in year two. In year 3 we anticipate a capital event for the project. Cash flow and profits from liquidation are expected to net a total of $8,391,925 over the third year period. Our calculation shows that a $5,000 investment might return $9,350 over that period. A $10,000 investment might return $18,700.
Some of our assumptions will prove to be inaccurate, possibly for the reasons described in this Risks of Investing document. Therefore, the results of investing illustrated in our calculation are likely to differ in reality, for better or for worse, possibly by a large amount.
Please also review the LLC Agreement + Amendments for additional detail on how distributions will be made.
The Company is engaged in two simultaneous offerings of its securities: An offering under §4(a)(6) of the Securities Act of 1933, which we refer to as the “Reg CF Offering” and an offering under 17 CFR §230.506(c), which we refer to as the “Reg D Offering”.
We are using the money from the two offerings for the same purposes and we are offering the same security in both offerings. When we refer to “the offering” on this page we mean the Reg D Offering, unless indicated otherwise.
Because money is fungible, we don’t care whether the money comes from the Reg CF Offering or the Reg D Offering. Thus the Reg D Offering itself has no “minimum” amount. However, we will not close on the Reg D Offering until either:
- The Reg CF Offering has reached the target amount of $150,000; or
- The amount raised in the Reg D Offering by itself is equal to at least the target amount of $150,000.
We will stop raising when either:
- We have raised at least the target amount of $150,000 in the Reg CF Offering and the total amount we have raised in the Reg CF offering plus the amount we have raised in the Reg D Offering equals our maximum of $3,325,000; or
- We have not raised the target amount in the Reg CF Offering but have raised the maximum amount in the Reg D Offering.
You can review the entire investor packet here. Investments under Reg D are offered by NSSC Crowd, LLC.
A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment.
In making an investment decision, Investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document.
The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature.
These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.
There are numerous risks to consider when making an investment such as this one and financial projections are just that - projections. Returns are not guaranteed. Conditions that may affect your investment include unforeseen construction costs, changes in market conditions, and potential disasters that are not covered by insurance. Please review Risks of Investing for a more expansive list of potential risks associated with an investment in this Company.