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All Forum Posts by: Latresa K.

Latresa K. has started 1 posts and replied 2 times.

Hi Josh,

Thanks for checking in. Yes, I do have this deal under control.

I’m actively moving forward with capital options and have been managing communications with potential lenders. Everything is progressing on my end, and I’ll be sure to keep you updated with any material changes as they occur.

Let me know if there’s anything specific you need from me at this stage.

Best regards,

Latresa King

Founder, Amodeus LLC

Hi BiggerPockets fam,

I'm Latresa King, founder of Amodeus LLC, and I'm seeking a private lender or joint venture partner for a stabilized NNN leased fee retail deal in East Point, GA (Atlanta metro, near ATL airport).

The Deal:

Tenant: Ruby Tuesday (Corporate Lease)

Structure: Absolute NNN (land-only ownership, zero landlord responsibility)

Remaining Term: 9.8 years + (4) 5-year options

NOI: $58,815 annually

Cap Rate: 4.25%

Purchase Price: $1,384,000

Use: Passive income play with long-term upside and potential for future roll-up strategy

What I’m Looking For:

Bridge loan: $1.1M–$1.3M with 12–18 month term, interest-only preferred

OR a JV equity partner open to a clean split with defined exit/refi strategy

I’ll handle all due diligence, tenant engagement, and management

This is a prime opportunity to step into a passive, income-producing asset directly across from Hartsfield-Jackson International Airport—one of the busiest airports in the world—with strong visibility, traffic, and stability.

I'm also building a long-term portfolio of leased-fee NNN assets under Amodeus and would love to align with others interested in scaling or diversifying in this space.

Let’s connect—happy to send over docs, pitch deck, or hop on a call.

Thanks!

Latresa King

Founder, Amodeus LLC