“1067 Motion” is a 1067 Hialeah Development LLC project that involves the construction of a 85,725 sq ft. building with 127 units (divided into 11 floors), 137 parking spaces, a 2,548 sq ft office area and a commercial space on the ground floor.

The concept revolves around a luxury multifamily building, offering top-tier amenities such as a covered garage, building access control, a swimming pool, a gym, and a clubhouse.

The operation is ready to commence starting from July 2024.

The estimated duration of the operation is 36 months, with the completion of construction and the sale of residential units planned for May 2027.

The project is supported by ‘senior’ bank loan of $ 28,5 Mln granted by a local credit institution.

The investment minimum ticket to join ‘1067 Motion’ is € 1,000, with a maximum fundraising goal of € 5,000,000.

A liquidation preference of both the capital invested in the transaction and its return is provided for BuildBull investors in the equity crowdfunding campaign. For this project, it’s estimated that investors will receive a total gross ROI  of 36 % on the invested capital, equivalent to an annual gross ROI of 12 %.

• Preferential Liquidation Right: You will receive a priority capital reimbursement and a preferential profit distribution up to an ROI of 36%.
• Periodic Reporting: You will receive regular updates on the progress of the operation.
• Project Costs: The total costs of the real estate operation amount to approximately $ 42.015.472, of which $ 28.5 million will be provided, in the form of bank debt, by a local credit institution.
• Return of Invested Capital: Within 36 months.
• Competitive ROI: Expectation of an annualized gross ROI of 12% and a total gross ROI of 36%.
• Growing Area: The project is located in an area where the city’s economy and development are growing significantly, making it currently one of the largest areas in the county in terms of progress and growth.
• Developer's Experience: The developer is backed by a team with extensive and proven experience in real estate development in Florida and South America.
• Independent Evaluation: The project has received a score of 4.6/5 from an independent evaluator.
• Co-sale Right: Investor protection in case of proposals to purchase the majority or the entire share capital of the Offeror.

The property is situated at 1067 East 25th street in Hialeah, Miami, within the state of Florida.

The city of Hialeah is the sixth largest municipality in Florida, located in Miami-Dade County.

With a Hispanic population exceeding 94 percent, Hialeah is welcoming to immigrants from South America, contributing to its vibrant cultural atmosphere. Currently, Hialeah's economy and development are experiencing significant growth, positioning it as one of the county's foremost areas for progress and advancement.

• The Property is located in the proximity of Miami Amtrak station.
• This location can be easily accessed via Florida State Road 112 (East-West Expressway) that provides a direct route to downtown Miami.
• The Property is located 8 km far from Miami International airport.

The project's business plan outlines an investment period of approximately 36 months.

• July 2024: Start of construction
• April 2026: Beginning of stabilization
• August 2026: Start of sales
• May 2027: Investors' exit