Large and growing cottage home demand - Moderate-income Gen Xers and Baby Boomer Retirees (45-70+) are migrating to Western NC and South Carolina, downsizing into highly affordable communities
Targeted residential solution - Simple Life bridges the affordability gap by offering high quality, very affordable ($119,000 to $239,000) cottage home communities in the Western Carolinas
Compelling investor returns - 3 income streams: home sales, monthly lot-lease income, project sale (Initial project is pre-sold at a 4.5% cap rate)
Accelerated Depreciation - Under the “One Big Beautiful Bill Act,” 100% bonus depreciation has been reinstated for qualifying assets placed in service after January 19, 2025. This allows eligible improvements to be fully expensed in year one. Investors should seek guidance from their tax advisors
Experienced sponsor - The Resource Group, LLC, Simple Life’s Sponsor, has already developed 2 comparable projects that were acquired by an institutional investor
Risk mitigation - extensive upfront land acquisition due diligence includes mandatory project-specific market studies as well as full entitlement, zoning, & permitting as a condition of land acquisition
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