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New York, NY

Renovating and holding a residential property for Section 8 rental income and long-term appreciation in a revitalizing Memphis neighborhood.

• Fully equity-financed: No debt risk with all project costs covered through raised capital.
• Government-backed rental income: Targeting stable Section 8 rental programs.
• Comprehensive renovation plan: Major system upgrades and modern finishes for long-term value.
• Strong local expertise: Managed by a team with four years of experience and 95+ Memphis properties.
• Strategic location: Positioned near a major tech facility expected to boost neighborhood growth.

PIE 102 LLC is raising funds to purchase, renovate, and hold a distressed residential property in Memphis, Tennessee, targeting government-backed Section 8 rental income for steady cash flow and long-term capital appreciation. The project involves a full-scale renovation including new roofing, plumbing, electrical, HVAC systems, and modernized interiors, positioning the property for stable rental operations and a potential sale after a minimum three-year hold period. Investors are expected to receive quarterly distributions, a preferred return, and a share in future profits from the property’s sale.

Located in the revitalizing Riverside neighborhood near a major new tech facility, the property is strategically placed for strong rental demand and value growth. With comparable renovated properties in the area selling between $86,000 and $119,000, PIE 102 LLC’s conservative projected sale price of $100,000 offers an attractive margin for investors. The company’s experienced management team, already overseeing 95+ local units, ensures strong operational execution and market expertise. The offering is fully equity-financed to mitigate debt risk and focuses on building a resilient investment by leveraging community development trends and stable Section 8 rental programs.

Company Info

PIE 102 LLC invests in a renovated residential property in Memphis to generate stable rental income and potential long-term value growth.

PIE 102 LLC offers an investment opportunity in a fix-and-hold residential rental property located in the Riverside neighborhood of Memphis, Tennessee. The project involves purchasing a distressed two-bedroom, one-bathroom home and completing a comprehensive renovation, including upgrades to the roof, HVAC, electrical, plumbing, kitchen, and interiors, with the goal of achieving stable, government-backed Section 8 rental income. The investment strategy includes quarterly income distributions, a three-year minimum hold period, and an eventual decision to either continue renting or sell the property for capital appreciation.

The project is fully equity-financed without debt, targeting a projected annual return of 15% and an eventual sale price of approximately $100,000. Located in a revitalizing area near major developments like the xAI supercomputer facility, the property is positioned to benefit from rising demand and value appreciation. With extensive experience managing over 95 units in the Memphis market, the management team is well-equipped to execute the renovation and lease-up process efficiently, offering investors a structured opportunity for passive income and long-term growth.