IThe McLeod Square syndication LLC. is excited to present this Letter of Intent (LOI) to McLeod Square Apartments, located at 401 32nd Street Columbus, GA 31904. Following our property tour on September 26, 2024, through market research and underwriting of the deal, we were confident that this specific property displayed potential for high-income real estate investment.  

The General Partner team has reviewed the Offer Memorandum (OM) and the provided data and has proposed a purchase price of $1,600,000 with a $16,000 Earnest Money Deposit (EMD) of which $10,000 goes hard upon expiration of the Due Diligence/Inspection Period as outlined within the Purchase and Sale Agreement. The down payment of three Hundred Thousand Dollars ($300,000.00) will be delivered upon the closing date on December 3^rd, 2024.

Our Strategy : for Villas at Mcleod Square property is forcing appreciation of value and equity through the following interventions:

• Renovation completion: Implementing durable, ergonomic and eco-efficient interior leaving space.
• Increase security and safe leaving: Implementing surveillance technologies and measures to ensure a safe living environment for all residents.
• Federal Opportunity Zone investment: Strategy still to be developed with further collect of information;
• Affordable quality living: Intended to Officially fill registration of 50% of the property apartment portfolio to provide affordable living through respecting section 8 tenant program criteria implemented in Muscogee County.
• Technology: Implementation of remodeling & construction digital project management technologies and costs efficiency with Bolster (CostCertified), myBLDR.com from Builders First Source and construction site imagery from iPlanVision (360 & Lidar imagery).
• Property management: Implement efficient and responsive property management service to include implementation of modern property management digital tools and build a local property management responsive and organized team.
• Force appreciation: Through the quality renovation of units, increasing rents to market value; property optimization and proper tenant qualification. 
• Property Beautification: Continuing to improve the exterior aesthetics of the property to enhance its appeal.
• Community Organization: Empowering residents by leveraging available communication technologies and community building activities.

General Partners (GP)

Professional Partners