IncomePlus Fund

Lively at Victor Park



Total Required Equity
Asset Type
Investment Objective
Projected IRR
Hold Period
2 Years
Investment Date
October 2020

Investment Summary

Lively at Victor Park is a 318-unit, Class-A multifamily property in Greer, SC. The site was a former textile mill and is approved to receive tax credits through the South Carolina Textile Mill Tax Credit Program which will substantially mitigate repayment risk and effectively collateralizes our entire $8 million investment basis.

Key Deal Points

The site is within a 10-minute walk of the Greer Station downtown area, which includes award winning restaurants and more than 40 buildings listed on the National Register of Historic Places.

The approved tax credit payments and potential purchase of these credits provides a secure takeout of our position.

Orange Capital Advisors is an integrated developer backed by its sister company, General Contractor CF Evans, who has a 72-years of experience with 13,000 multifamily units constructed to date.

Get your Fund due diligence documents today.