Nectar Tulum

About the offering

Congreso Park is an apartment complex located in the heart of Mexico CityThe building is a 6-story, 8,761 square foot, newly-developed residential condominium that includes 45 apartments, with retail space on the ground floor and a common roof garden. The Congreso Series of Smart Vylon, LLC (the “Company”) intends to use the net proceeds of this offering to purchase up to seven 2-bed, 1-bath condominiums measuring approximately 764 square feet of space each and featuring a living room, dining room, service area, and premium finishes. Amenities include dedicated parking spaces, a rooftop garden, and a ground-floor retail area. The building is marketed to owners and tenants as an affordable… Read moreUnitsThe Company will be acquiring up to seven 2-bedroom, 1-bath condominium units in the Congreso building, for a price of $130,000 per unit, at which point we intend to sell the units. We are estimating a total return to investors of 15.6% after the 18 months which includes dividends paid from operations and capital appreciation over the course of our holding period.The units range between 760 and 783 square feet, and have been designed in an avant-garde architectural style, with high quality finishes and a .47 square foot balcony patio.Kitchens include wood panels finished with melamine and 2" thick granite countertops. Closets are built with wood panels finished with melamine, shelves and interiors in white, and floor-to-ceiling sliding… Read moreLocationCongreso is located in the heart of Mexico City, and only ten minutes away from buzzing neighborhoods such as Condesa and Roma. The Property is also located near historical sites such as “Plaza del Zocalo,” the main square in Mexico City, and Palacio de Bellas Artes (Palace of Fine Arts). Mexico CityMexico City is the capital city of Mexico. As the largest city in Mexico and one of the oldest in the Americas, it is one of the most important financial, political, cultural and educational centers in the Americas.Market InformationMexico is the 15th largest economy in the world and the 2nd in Latin America$1.076 trillion GDP in 2020Nearly a 5th of the total population of Latin America and the Caribbean lives in Mexico (125 millions… Read moreOfferingWe are offering up to $1,000,000 in membership interests in the Congreso Series of Smart Vylon, LLC (the “Company”), the company that will own and operate the 7 condominium units described above. In the event that we do not raise the maximum offering amount, we will acquire as many units as we can using the proceeds from the offering. Any excess capital will be returned to investors.Financial OverviewWe have agreed to acquire the 7 units for a total purchase price of $130,000. In addition to the purchase price, we estimate that there will be an additional $3,000 in expenses per unit including closing costs, and preparing each of the units for rent.Project ProformaUpon closing of the acquisition of the 7 units estimated Winter 2021, we… Read moreManagementSmart Vylon specializes in pioneering residential projects. We are a visionary home development company that is changing the way real estate investing works. Smart Vylon is the US entity that was formed in 2020 and is a subsidiary of our founding company in Mexico, which has 10+ years of experience with 1,000+ units built and sold. Víctor Rosales is a real estate investment manager and entrepreneur dedicated to developing residential properties and apartment complexes with sustainable features. He has served as the Chief Executive Officer of Smart Vylon, LLC since its inception in 2019. For the past ten years, Victor has overseen the development over $500 million in real estate properties. Prior to serving as the CEO, he co-founded… Read more$

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