This 147 unit student housing development is located in Conway, South Carolina. The purpose-built, cottage style community occupies a 20 acre site that is located 1.5 miles southeast of the Coastal Carolina University campus. The floorplans range from two to five bedrooms.
TGE Fund II, LLC returned all investment principal to its investors plus a 33.0% return on Investment from this development project at Coastal Carolina University in Conway, South Carolina. This actual IRR result of 33.0% exceeded the targeted IRR of 25.0% in TGE Fund II’s Offering Documents by more than 30.0%.
Are you an accredited investor?
The EB-5 opportunities offered by Texas Growth Fund are open only to “accredited investors” as defined by United States securities law.
An accredited investor must have one of the following:
- Net worth (or joint net worth with the investor’s spouse) of at least $1,000,000 (excluding the value of investor’s primary residence).
- Annual gross income in each of the last two years of at least $200,000, and expected gross income in the current year of at least $200,000 (or joint annual gross income with spouse of $300,000).
This document is not an offer to sell securities or the solicitation of an offer to purchase securities by Texas Growth Fund or anyone else acting on its behalf. Any offer of securities in this project may be made only to qualified purchasers and only pursuant to the confidential offering memorandum prepared for Texas Growth Fund’s EB-5 investment program and the subscription documents included therewith. Any sale of securities in this project will occur only following execution of a written subscription agreement by the potential investor and acceptance of such subscription agreement by the manager or general partner of Texas Growth Fund in its sole discretion. The information in this document is subject to change without notice, does not represent all of the information material to an investment decision, and it is qualified in its entirety by the information in the confidential offering memorandum. No representation or warranty is given as to the completeness or accuracy of the information in this document, and no information herein should be considered as a recommendation to purchase or sell any securities. Nothing in this presentation should be considered accounting, tax, legal or investment advice. All persons are strongly urged to consult with their own advisors regarding any potential investment or emigration matters.
Certain information and statements in this presentation constitute “forward-looking statements” or statements which may be deemed or construed to be “forward-looking statements” within the meaning of the private securities litigation reform act of 1995. The words “forecast,” “estimate,” “project,” “intend,” “expect,” “anticipate,” “may,” “will,” “should,” continue,” “believe,” and similar expressions, or the negatives thereof, or other variations thereon, are intended to identify forward-looking statements. These forward-looking statements involve, and are subject to, known and unknown risks, uncertainties, and other factors that could cause the project’s or project owner’s actual results,performance (financial or operating) or achievements to differ from the future results, performance (financial or operating) or achievements expressed or implied by such forward-looking statements. For a partial list of such risks, uncertainties, and other factors, see captions “risk factors” and “conflicts of interest” (or similar captions) in the confidential offering memorandum.