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165
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32
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Rashad Jones Jennings
  • Developer
  • Atlanta, GA
32
Votes |
165
Posts

🔨 Ground-Up Townhome Development | 33 Units | Tennessee

Rashad Jones Jennings
  • Developer
  • Atlanta, GA
Posted

Fueling a 33-Unit Townhome Community in Tennessee

Join Rashad Jones-Jennings in a targeted, real estate–backed investment centered on the development of a 33-unit townhome community in Tennessee—designed to deliver predictable returns while addressing a real housing need.

Rashad brings the same discipline, grit, and execution mindset from his professional basketball career into real estate development. This is not a concept—it’s an active development strategy rooted in density optimization, cost efficiency, and community revitalization.

PROJECT OVERVIEW
────────────────
• Asset Type: Townhomes (Ground-Up Development)
• Units: 33
• Status: Pre-Construction / Entitlement
• Zoning: Approved
• Structure: Phased Development

The Opportunity: 33 Townhomes, Built for Impact

Across Tennessee, attainable housing is in short supply, particularly for workforce families, young professionals, and downsizing homeowners who need quality housing without luxury pricing.

This project focuses on:

  • 33 thoughtfully planned townhome units
  • Efficient, high-density land use
  • Streamlined construction timelines compared to detached single-family homes
  • Strong rental and resale demand drivers
  • Scalable development model for replication in similar markets

By pooling capital through the club, investors gain access to one clearly defined development rather than a broad, unfocused fund.

Why Townhomes Work

  • Lower construction cost per unit than single-family homes
  • Faster development cycles due to shared walls and standardized plans
  • Higher density = stronger revenue per acre
  • Consistent demand in affordability-constrained markets
  • Proven exit flexibility (rent, refinance, or sell)

This is disciplined, vertical development—built for returns and long-term neighborhood stability.

Investor Highlights

👉Real estate–backed security
👉 Pooled capital for efficient execution
👉 Targeted 15% annual returns
👉 Direct impact through attainable housing creation
👉 Participation in a repeatable development model

This is not speculative land banking. It’s vertical development with a defined plan and exit.

📍 Current Project Status (Real Progress)

  • Quiet title action in progress

  • Site fully cleared (trees, brush, fence line)

  • Survey access completed; survey underway

  • Site layout finalized

  • Closing scheduled

  • Using same lender as prior townhome project (repeat relationship)

This project is now being managed in PMC / execution mode, not investor hype mode.

DEVELOPMENT PHASING ─────────────────── PHASE 1 – Entitlement & Pre-Construction • Title resolution • Survey + site prep • Permits queued PHASE 2 – Vertical Construction • Construction financing • Phased build execution • Draw-based capital deployment PHASE 3 – Stabilization / Exit • Lease-up • NOI realization • Sale or refinance

Club Investment Criteria (This Project)

Project Focus
Ground-up development of a 34-unit tiny home community in Tennessee

Returns
Targeting 15% annually, with select upside participation depending on structure

Timeline
Estimated 12–24 months, driven by streamlined construction and phased delivery

Minimum Investment
$25,000

Commitment
12 months

Member Involvement
Monthly meetings with visibility into:

  • Development milestones
  • Budget & P&L tracking
  • Construction progress
  • Strategic decisions & votes

How This Deal Moves Forward

  1. Reserve Your Spot
    Complete the deposit task to secure your place (3% transaction fee).
  2. LLC Formation & Docs
    Once funded, Fractional forms the LLC and Operating Agreement and coordinates signatures.
  3. Due Diligence Review
    A full development and underwriting package is presented to committed members.
  4. Member Vote
    • Quorum: 50%+ ownership
    • Approval: 60% of votes cast
  5. Capital Deployment
    Funds are released and development begins.
  6. Reporting & Distributions
    Monthly updates, Zoom calls, and transparent reporting throughout the build.

Administration & Oversight

  • Fractional handles disbursements, compliance, tax filings, and K-1s
  • Private investor portal for documents and updates
  • Monthly group Zoom calls with Rashad and the development team

Exit

At the end of the 12-month club term:

  • Principal is returned
  • Remaining interest is distributed
  • Members exit cleanly or roll into future opportunities

📣 The Signal

Invest alongside a proven operator. Help deliver 33 townhomes that matter. Earn disciplined returns while shaping the future of housing in Tennessee.

👉 Click HERE to review the full deck
👉