Pie Assets

About the offering

Pie 102 LLC presents an opportunity to invest in a fix-and-hold residential rental property located at 133 Ingle Ave, Memphis, TN 38109. This project follows a buy, renovate, rent, and hold strategy, targeting stable, government-backed Section 8 rental income with projected monthly rents between $991 and $1,100. The property will undergo a full-scale renovation, including a new roof, plumbing, electrical, HVAC, and modernized interiors to ensure long-term value and minimal maintenance. Investors will receive quarterly rental income distributions, with a preferred return of 10% per year, followed by a full return of capital and a 70/30 profit split between investors and management. The total project cost is $68,989, fully equity-financed to avoid debt risk. The anticipated hold period is a minimum of three years, at which point investors will collectively decide whether to continue renting or sell for potential capital appreciation. With its strategic location in a revitalizing neighborhood, strong rental demand, and a clear exit strategy, Pie 102 LLC offers an attractive opportunity for investors seeking passive income and long-term growth in the Memphis real estate market. Pie Assets is a real estate crowdfunding company designed for investors seeking high-yield opportunities. Specializing in fix-and-flip, Section 8 rentals, and value-add properties, we provide hands-on investment opportunities with full transparency. Built by investors, for investors, Pie Assets makes real estate investing accessible, profitable, and hassle-free. total area sq ft: 575 county name: Shelby Purchase Price: $11,000 + closing costs Projected sale price: $100,000 Hold Period: 3+ Years Projected Annual Return: 15% Target Allocation Renovation of this property: $46,000 purchase of property: $11,845 Legal and fee: $1,144 Maximum Allocation Renovation of this property: $46,000 Purchase of property: $11,845 Fees, legal and cash reserves: $11,155

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