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A Division of Cultivate Ventures

PROJECT HIGHLIGHT

Old Fort Eustis

INVESTMENT SNAPSHOT

Investment Date:

August 2024

Location:

Newport News, VA

Sector:

Multifamily Subdivision

Invested Equity:

$400 K

Project Status:

Operational

Land entitlement investment to redevelop two single family lots into a seven-acre new multifamily subdivision. Project is led by A4 Development Group, LLC and is structured as preferred equity.

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Annual Cash Yields:

37.5%

IRR:

CVCOF-IV

Funds Invested:

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