Craftsman Rose Garden

About the offering

Craftsman Rose is a Regulation Crowdfunding (Reg CF) real estate offering listed on the NSSC Funding Portal (Small Change platform) seeking to raise between $200,000 (minimum) and $800,000 (maximum) to fund the adaptive reuse renovation of a historic Craftsman-style bungalow located at 2955 Central Avenue N, St. Petersburg, FL 33713. The offering is open to all investors (not accredited-only) and closed July 31, 2026, with a cancellation window through July 29, 2026. Investors receive a pro-rata equity share in the LLC. The property was already acquired prior to the offering, with seller financing in place. Total acquisition cost was $1,102,689.31 (including closing costs), and the full project budget is estimated at $1,950,000. The renovated property is intended to operate as a restaurant and community event space situated on St. Petersburg's Central Avenue, described as a highly walkable, bikeable corridor with good transit access. The developer is Robert B. Roberts Jr., Manager of the Company, who has been active in commercial real estate and historic preservation in downtown St. Petersburg since 1979. He has previously acquired, consolidated, and renovated approximately 116,500 square feet of historic buildings on Central Avenue, earning historic preservation honors. Roberts holds a Florida Real Estate Broker License (BKL188769, issued July 24, 1979) and a Florida Mortgage Broker License. The renovation follows the Secretary of the Interior's Standards for Rehabilitation to preserve the property's landmark designation and historic character. A key project goal is net-zero energy performance through energy-efficiency-focused renovations. The project also includes restoration of gardens. Financial projections estimate net cash flow growing from approximately $109,469 in the first full year of operations to $116,812 in year three, with a capital event (likely a sale or refinance) anticipated in year four. Total projected net cash flow plus liquidation proceeds are estimated at $1,777,667. These are projections only and are not guaranteed. As with all Reg CF offerings on the platform, the investment is speculative, illiquid, and carries a high degree of risk, including the potential loss of the entire investment.

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