Backed by Real Estate Assets
Back by Real Estate the only true and traditional store house of value.
Accredited Investors under Reg. D 506(c)and Reg. S 144R
Allows for portability, fungibility, and fractionalized, ease of exchange between investors.
ERC-20 platform allows for tokenzation
TNCoin is a Real Estate Investing platform that is built on top of the Ethereum blockchain. This allows for the tokenization of the real estate asset and for ownership interest to be distributed in the form of digital shares. Investors now have the opportunity to store and hold their investment in Ethereum based wallets like Trezor and Ledger.
For investors with large cryptocurrency holdings, TNcoin will help stabilize their portfolio by providing a steady rate of return through rents while enjoying the capital appreciation of the Real Estate assets. TNCoin also offers safe havens for 1031 exchanges.
TNcoin is offering for its initial phase a 68 unit fully renovated apartment building, located in downtown Nashville, TN consists of 5 buildings totaling 59,106 square feet. The breakdown of units are as follows:
- 10, 5-bedroom/2-bath units with an average of 1,531 SF.
- 40, 2-bedroom/1-bath units with an average of 681 SF
- 18, 1-bedroom/1-bath units with an average of 573 Sf.
Currently the apartment building is 100% occupied. The total annual rents are currently 1.3 million. This puts this investment at a 6% Cap rate.
Nashville is one of the Top 10 U.S. real estate markets with approximately 100 new people moving here daily due to affordability and growing industry. It’s cost of doing business being 88 percent of the national average and local growth in disposal incomes is projected to be 40 percent higher than the national average over the next five years.
Past performance is no indication of present performance and earnings are subject to market conditions.
One of the key components of our offering is to offer investors a tokenized asset that can be stored and exchanged at a future date. Like all other cryptocurrencies this will allow for the portability and fungibility enjoyed by crypto enthusiast.
Our ultimate goal is to bring investors tokenized cash flowing real estate to the modern investment portfolio. Management believes that this will help stabilize highly speculative crypto portfolios.
Our clients – both corporate and private ones – will be able to access all the information they need on multiple real estate investments from a single platform. Blockchain technology gives us the chance to make your finances grow faster and give better returns.
Tokens are currently not for sale yet but will be soon - stay tuned!
|Start:||April 15, 2018, 12:00 AM (CST)|
|Exchange rate:||1 ETH = 300 TNCoin|
Our clients – both corporate and private ones – will access all the services they need from a single platform. Blockchain technology gives us the chance to make your finances grow faster and give better returns.
- 80% Asset acquisition
- 10% Management
- 10% Reserve and Operating Expenses