CL3 Capital Fund I LP
CL3 Capital · Murray, KY · 3 wk ago
Finance$250k/yrFull-time
This opportunity is open only to accredited investors as defined in Rule 501(a) of Regulation D under the Securities Act. The securities described are offered through a private placement pursuant to Section 4(2) of the Securities Act and are not registered under the Securities Act of 1933 or state securities laws.
Investment Overview
- Fund status: Open
- Total equity raise: $40,000,000 (total capitalization including debt: $100,000,000)
- Minimum investment: $250,000
- Use of proceeds: Acquire mobile home communities
- Hold period: 5 years
Projected Returns
- Preferred return: 8% annualized, paid quarterly in cash (PIK when required)
- Projected IRR: 15–20%
- Projected cash-on-cash: 10–12%
Contact
For more information, contact Chris Murray at chrismurray@cl3capital.com or 612-597-7667.
Disclaimers & Legal Notes
- This document is neither an offer to sell nor a solicitation of an offer to buy the securities described.
- The securities have not been approved or disapproved by the SEC or any other regulatory authority, nor has any authority passed upon the merits of the offering or the accuracy of this summary.
- The securities are restricted and may not be resold unless registered or exempt from registration.
- This summary speaks only as of its date; no representation is made that there has been no change in the affairs of the company since that date.
- Prospective investors should consult their own legal and tax advisors; this summary is not intended as legal or tax advice.
- Forward-looking statements (including projected returns) are based on expectations and are subject to risks and uncertainties that could cause actual results to differ materially.
- This summary is confidential and may not be reproduced or used for any purpose other than evaluating the investment.