
Florida-based company specializing in acquiring multi-unit commercial rental properties for emerging markets, focusing on affordable housing for expanding companies.
Minors Real Estate Lease Options, LLC will penetrate the market in the business of establishing a real estate company that will focus on the acquisition of multi-unit commercial rental apartment buildings in emerging markets where major companies are planning for expansion resulting in large scale employment opportunities that will require affordable housing alternatives for prospective personnel. Kenneth Hubert Minors also recognizes the opportunities for offering affordable leasing options designed to provide new hires with a conveniently located comfortable residential environment that will cater to the growing needs of companies that are expanding their workforce in growing communities throughout the nation. Minors Real Estate Lease Options, LLC will serve its area of business working to make its operations more productive while at the same time controlling expenses. The money required getting the company organized and structured has been provided by Kenneth Hubert Minors.
To make this company a reality there will be an amount needed of $1,503,600.00. Kenneth Hubert Minors will be providing $3,600.00 leaving a balance of $1,500,000.00, which will come as an equity participation. The $1,503,600.00 is the complete amount needed to open and operate this business. The money will be allocated to take care of all the requirements. This business plan will show the components that make up and accomplish this exciting business venture. The value of the commercial property that will be considered for acquisition will be between $6 million to $10 million. After the company raises the $1.5 million in the form of an equity investment from a LLC partnership, it will seek additional funding of 65%-90% LTV of the property from financial lending institutions. Investor must show they have a networth of between $6 million to $10 million that matches the worth of the property.
Minors Real Estate Lease Options was founded in 2014.
Minors Real Estate Lease Options' headquarters is located in Florida, US.
Minors Real Estate Lease Options' most recent funding round was for $3.6k (USD) in January 2014.
As of Jan 6, 2014, Minors Real Estate Lease Options has raised a total of $3.6k (USD).
Minors Real Estate Lease Options has 5 employees as of Feb 4, 2024.