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Form 253G2 Landa App 2 LLC

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December 7, 2022 3:55 PM EST

 

Filed pursuant to Rule 253(g)(2)

File No. 024-11648

 

This Supplement No. 7, dated December 7, 2022 (which we refer to as “this supplement”), supplements, and should be read in conjunction with, the offering circular (the “Offering Circular”), dated December 3, 2021, of Landa App 2 LLC, a Delaware series limited liability company (which we refer to as “we,” “us,” “our” or “our company”), as supplemented. The purpose of this supplement is to update certain lease information for the following Series (the “Updated Series”):

 

Landa Series 153 Spring Valley

 

 

LANDA APP 2 LLC

6 W. 18th Street

New York, NY 10011 

(646) 905-0931

Landa.app

 

CURRENT AND PREVIOUS SERIES OFFERINGS

 

The table below (the “Update Table”) updates the Master Series Tables found in the previously-filed Offering Circular of the Company and reflects the updated information set forth below regarding the series of the Company listed therein (collectively and individually the “Series”) and their underlying properties (the “Properties” and each a “Property”). The information in the Update Table supersedes any contrary previous information contained in the Master Series Table included in the Offering Circular, which can be found here, as amended and supplemented; all other information in the Offering Circular is otherwise unchanged.

 

Master Series Table

 

   Series  Offering
Status		  Qualification
Date		  Closing
Date		  Total
Number of
Shares
Sold(1)		  Total
Amount
Raised(2)($)		  Monthly
Rental
Income(3)($)		  Lease
Expiration
Date(4)		  Monthly
Property
Tax($)		  Insurance
Expiration
Date($)		  Monthly
Insurance
Expense($)		   Monthly
Management
Fee*		 
1.  Landa Series 2174 Scarbrough Road (1)  Open  12/2/2021   -   8,529  57,105.07  1,550  7/31/2023   135  06/30/2023   36.82         8%
2.  Landa Series 153 Spring Valley Circle (1)  Open  12/2/2021   -   4,930     -1,675  06/30/23   187  06/30/2023   35.88    8%
3.  Landa Series 126 Wildwood Road (1)  Closed  12/2/2021   8/11/2022   10,000  69,321.00  1,470  3/31/2023   190  06/30/2023   34.36    8%
4.  Landa Series 137 Spring Valley Circle (1)  Open  12/2/2021   -   5,880  40,103.36  1,400  4/1/2023   191  06/30/2023   37.27    8%
5.  Landa Series 3192 Lake Monroe Road (1)  Closed  12/2/2021   4/22/2022   10,000  59,769.00  1,400  4/30/2023   73  06/30/2023   32.66    8%
6.  Landa Series 45 Robertford Drive (1)  Closed  12/2/2021   4/22/2022   10,000  92,926.00  2,204  6/30/2023   157  06/30/2023   48.79    8%
7.  Landa Series 303 Kellys Walk (1)  Closed  12/2/2021   4/27/2022   10,000  105,346.00  1,838  6/30/2023   35  08/31/2023   43.63    8%
8.  Landa Series 4085 Springvale Way (1)  Closed  12/2/2021   6/27/2022   10,000  113,687.00  2,095  8/31/2023   222  06/30/2023   44.03    8%

 

*The Monthly Management Fee payable by each Series is expected to equal eight percent (8%) of the Gross Monthly Rent.

(1)Title for this Property is held by its underlying Series.

(2)Reflected as of up to two (2) business days prior to the date of this Offering Circular. Each Series is offering up to a maximum of 10,000 Shares.

(3)The Monthly Rental Income amount reflects the monthly rental payment due under the applicable lease agreement for the Property.

(4)After the Lease Expiration Date, the applicable lease agreement will become a month-to-month lease, unless the tenant provides written notice within thirty (30) days of an intention to terminate the lease agreement.

 


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