Goodegg Growth Fund III on Silicon Prairie

Raise closed, search for fresh raises on Seedstage

San Francisco, MN

Investing in the acquisition and renovation of a multifamily property to unlock rental potential and capitalize on a growing market.

  • Mission: Focused on acquiring and renovating multifamily properties to unlock rental potential and provide passive income for investors.  
  • Investment Strategy: Targeting value-add opportunities in properties like Crowne Club Apartments, with a focus on renovations to capture higher rent premiums and enhance property value.  
  • Market Opportunity: Capitalizing on a growing rental market in Winston-Salem, North Carolina, with limited new apartment supply, ensuring strong demand for updated units.  
  • Expertise: Backed by Goodegg Investments’ proven track record in real estate syndication and multifamily property management, ensuring professional oversight and optimal returns.  
  • Investment Timeline: Designed for a 5-year investment horizon, offering potential for stable returns through property enhancements and operational improvements.  
  • Strategic Asset Management: Partnering with market experts to maximize the value of properties through targeted renovations and efficient management practices.

Goodegg Growth Fund III is an investment opportunity focusing on the acquisition and value-add renovation of Crowne Club Apartments, a 250-unit multifamily property located in Winston-Salem, North Carolina.

The goal of the fund is to enhance the property’s value through targeted renovations of classic and partially renovated units to capture higher rent premiums.

Crowne Club is strategically located in a growing market with limited new apartment supply, and the fund aims to take advantage of this favorable market dynamic.

Investors in the fund will benefit from a strong rental market and Goodegg Investments’ proven expertise in real estate syndication, with projected returns based on a 5-year investment timeline.

Company Info

Goodegg Growth Fund III, LLC is a passive holding company investing in multifamily properties to generate value through operational efficiencies and strategic asset management.

Goodegg Growth Fund III, LLC is a passive holding company focused on purchasing membership interest units in Goodegg Wealth Fund II, LLC. This investment strategy revolves around acquiring and managing multifamily apartment communities, primarily located in Arizona, Texas, North Carolina, South Carolina, and Florida, with the potential to invest nationwide. The fund partners with market experts to co-invest in core, core plus, and value-add properties. The business strategy involves acquiring properties with value-add potential through renovations and operational optimizations. The fund aims to manage these properties for a 4 to 7-year period before selling to institutional investors or other buyers. Its goal is to provide investors with stable returns through property value enhancements, operational efficiencies, and strategic asset management.

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