Financial News
Philadelphia Single-Family Rental Home 506c Fund: Investment Opportunity Launch
GSP REI (610-357-2330) has announced that new single-family real estate investment opportunities are available through their professionally managed fund.
Chesterbrook, United States - November 5, 2024 —
These new opportunities are concentrated in the single-family reconstruction and workforce housing sectors, with income and growth fund options currently available. These 506c funds are expected to earn investors a 10-12% return, with future opportunities to compound and increase this rate further.
To find out more, visit https://gsprei.com/
GSP REI specializes in the acquisition of distressed and value-add properties with high potential for redevelopment into affordable workforce housing. This housing is currently in high demand throughout the areas where GSP REI operates, and will be redeveloped by the in-house construction management team.
The firm hopes that in the creation and expansion of this program, they will be able to foster a positive social impact while offering attractive returns for their partners. The demand for affordable housing and especially single-family housing has never been higher, leaving the door open for enterprising individuals to fill the need.
As a 506c fund, GSP REI is positioned as an ideal choice for accredited investors looking to expand their property investment portfolio while taking advantage of a relatively low point of entry into the market. The homes available through the GSP REI fund are purchased and redeveloped economically, and can then be listed on the rental market as workforce housing or resold in the short term.
Information about the firm’s current offerings can be found at https://gsprei.com/current-offerings/
A spokesperson explained further, “We are a diversified real estate investment company based in the suburbs of Philadelphia, PA. Our team consists of seasoned construction, property, and asset managers who are dedicated to keeping our projects on time and on budget while delivering high-quality rental and resale homes.”
The Income Fund currently offers fixed rate returns between 10-12% per annum and distributed monthly and there is also an option to compound the distribution for a higher return. The minimal investment is $10,000 for a 10% return, $25,000 for 11%, and $50,000 for 12%. Financial statements are issued quarterly, and management holds quarterly review calls.
GSP REI co-founder and managing partner Peter Neill is available now to hold meetings with interested investors, during which he will explore potential yields and strategies in greater detail. The latest investor presentation is also available to view at the link below.
Learn more at https://gsprei.com/contact/
Disclaimer: “This is not an offer; offers are made only through the Regulation D Offering Documents available on our website and are for accredited investors only. Investing involves risk, and past performance is not indicative of future results; we recommend consulting with a financial professional before making any investment decision.”
Contact Info:
Name: Peter Neill
Email: Send Email
Organization: GSP REI
Address: 851 Duportail Rd 2nd Floor, Chesterbrook, PA 19087, United States
Phone: +1-610-357-2330
Website: https://gsprei.com/
Source: NewsNetwork
Release ID: 89145527
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