San Marcos 100 Acre Land Development 20% Preferred Return - 12 month hold
Location: Austin, Texas
This Confidential Offering Memorandum (“Memorandum”) describes the capital raise (the “Offering”) by American Ventures, LLC (the “Sponsor”) of $3,000,000 in membership interests, representing an ownership of the membership interests (the “Investors”), with a minimum investment of $50,000 in AV McCarty Lane Investors 60, LLC, a Texas Limited Liability Company. American Ventures, LLC, will act as Manager (“Manager”) for AV McCarty Lane Investors 60, LLC. American Ventures, LLC provided the required loan guarantees necessary at the time of land acquisition in December 2022. Investors will earn a 20% annualized preferred return, which will accrue from the time your investment is received. Cash flow upon a capital event, proceeds, net of expenses, shall be distributed to the Investors until they have received a return of all their invested capital, then a 20% annualized preferred return to investors. Sponsor’s current plan is to develop the land after securing required entitlements and building permits from city of San Marcos. Current investors are participating in the entitlements, permitting and horizontal development phase. The Sponsor may bring in institutional equity partners for future development. However, current investors could participate in future development if the institutional partner allows for taking on additional capital. The Sponsor is undertaking this Offering to capitalize the Company to entitle and permit an approximately 60-acre parcel of land located in San Marcos, Texas. The Sponsor intends to develop medium to high-density lots for Single Family Residences (SFR) for sale as well as Single Family Residences – Build To Rent (BTR) or sometimes referred to as Build For Rent (BFR) communities. Sponsor already successfully annexed the land into city of San Marcos and established “CD-4” zoning to enable us build SFR and BTR communities.
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