€170,000.00
Total capital raised
14.6
Net yield, steady state
14
Investors, three tiers
6.8
Payback, steady state
St. July is already earning, and it's just getting started
Tucked in the Gers, this residential building blends three apartments with a commercial space on the ground floor, and the commercial unit is already leased and bringing in rent from day one. Over the next four months, we're giving the rest of the building the renovation it deserves, so that by month five, every unit is rented and the whole property is humming. It's a rare kind of deal: income now, and real upside once the work is done.
Purchase Price
€120,000.00
Renovation budget
€50,000.00
Renovation period
5 Months
Full building rent
€2,850.00
The Capital of Armagnac
A small Gers town of around 4,000 people built on vineyards and Armagnac production. It has been that way since 1802, when a prefect of the Empire gave it the title, but its roots go back further, to Elusa, capital of the Roman province of Novempopulania. The old town still has half timbered houses, a cathedral, and a Gallo-Roman treasury museum. It's the kind of place Ilarion's thesis is built on. Generations of agriculture and craft, not speculation.
