Congreso Park is an apartment complex located in the heart of Mexico City

The building is a 6-story, 8,761 square foot, newly-developed residential condominium that includes 45 apartments, with retail space on the ground floor and a common roof garden. 

The Congreso Series of Smart Vylon, LLC (the “Company”) intends to use the net proceeds of this offering to purchase up to seven 2-bed, 1-bath condominiums measuring approximately 764 square feet of space each and featuring a living room, dining room, service area, and premium finishes. Amenities include dedicated parking spaces, a rooftop garden, and a ground-floor retail area. The building is marketed to owners and tenants as an affordable property designed to promote sustainability and art. 

It is currently 98% complete and will be finished no later than October 2021. 

The Company will be acquiring up to seven 2-bedroom, 1-bath condominium units in the Congreso building, for a price of $130,000 per unit, at which point we intend to sell the units. We are estimating a total return to investors of 15.6% after the 18 months which includes dividends paid from operations and capital appreciation over the course of our holding period.

The units range between 760 and 783 square feet, and have been designed in an avant-garde architectural style, with high quality finishes and a .47 square foot balcony patio.

Kitchens include wood panels finished with melamine and 2" thick granite countertops. Closets are built with wood panels finished with melamine, shelves and interiors in white, and floor-to-ceiling sliding doors. 

Throughout the units are floors in beige and grey porcelain. The flooring is made of 24" x 24" beige porcelain tiles with bone joint in the areas of living room, dining room, kitchen, and hallway.

The bedrooms are finished with laminate flooring for exclusive residential use.

Plan of Operation

We plan to lease each of the units under yearly lease, renting from 12-18 month terms. We intend to hold the units for 18 months at which point we will sell the units with 7% annual yield and receive 15% capital gain.

Congreso is located in the heart of Mexico City, and only ten minutes away from buzzing neighborhoods such as Condesa and Roma. The Property is also located near historical sites such as “Plaza del Zocalo,” the main square in Mexico City, and Palacio de Bellas Artes (Palace of Fine Arts). 

Mexico City

Mexico City is the capital city of Mexico. As the largest city in Mexico and one of the oldest in the Americas, it is one of the most important financial, political, cultural and educational centers in the Americas.

Market Information

• Mexico is the 15th largest economy in the world and the 2nd in Latin America
• $1.076 trillion GDP in 2020
• Nearly a 5th of the total population of Latin America and the Caribbean lives in Mexico (125 millions inhabitants)
• The middle and residential segment represents 88% of the mortgages in the Mexican financial system. 
• The mortgages market for the middle and residential segment has grown 3% annually for the last five years (Compound  Annual Growth Rate). 

Housing Market Data

• There is a current shortage of affordable housing.
• Mexican residential real estate market valued at $30.98B in 2018.
• Rising middle class continues to increase the housing market, accounting for 47% of the population.
• Nationwide house price index rose by 7.72% in Q2 2021

Property Location

Congreso Park is an apartment complex within 10 minutes from buzzing neighborhoods like Condesa and Roma. The exact location is Av. Congreso de la Unión. Col. Janitzio, Alcaldía Venustiano Carranza, CP 15200 Ciudad de México, México.

Comparable Sales

The following properties in close proximity and of similar quality to the Congreso Park have been sold or are for sale for the prices listed below:

We are offering up to $1,000,000 in membership interests in the Congreso Series of Smart Vylon, LLC (the “Company”), the company that will own and operate the 7 condominium units described above. In the event that we do not raise the maximum offering amount, we will acquire as many units as we can using the proceeds from the offering. Any excess capital will be returned to investors.

Financial Overview

We have agreed to acquire the 7 units for a total purchase price of $130,000. In addition to the purchase price, we estimate that there will be an additional $3,000 in expenses per unit including closing costs, and preparing each of the units for rent.

Project Proforma

Upon closing of the acquisition of the 7 units estimated Winter 2021, we intend to operate the units as long term rentals.

Investor Returns

We intend to make distributions of cash flow semi-annually once the property is operating. Our plan is to hold the units for a period of 12-18 months at which point we intend to sell the units. We are estimating a total return to investors of 15.6% after the 18 months which includes dividends paid from operations and capital appreciation over the course of our holding period.

Exit Strategy

In this type of customer profile, there are credits from INFONAVIT government, which is the largest mortgage loan in Latin America. In Mexico there are 300,000 people with this purchasing capacity only from INFONAVIT and FOVISSSTE credits. About 50,000 beneficiaries that can reach these bank credits and traditional cash sales. 

It is calculated that there exists more than a million potential customers for this type of market among all forms of payment. 

Rent the property for 12-18 months, sell it with 7% annual yield and receive 15% capital gain.

Smart Vylon specializes in pioneering residential projects. We are a visionary home development company that is changing the way real estate investing works. Smart Vylon is the US entity that was formed in 2020 and is a subsidiary of our founding company in Mexico, which has 10+ years of experience with 1,000+ units built and sold.

 Víctor Rosales is a real estate investment manager and entrepreneur dedicated to developing residential properties and apartment complexes with sustainable features. He has served as the Chief Executive Officer of Smart Vylon, LLC since its inception in 2019. For the past ten years, Victor has overseen the development over $500 million in real estate properties. Prior to serving as the CEO, he co-founded Zima Smart Equity, a private real estate investment company to fund the construction of residential apartment buildings in Mexico. In 2017 Victor co- founded Yavo Capital, a Mexico based financial institution focused on providing financing to residential real estate development projects. Since 2016, Victor has served as the Chairman of Vivendum, a real estate development focused on developing up- scale residential apartment complexes in Mexico. Victor also co- founded a construction consortium in 2010 and continues to be instrumental in the company's growth to this day. Since its inception, the group has built and sold more than 1,000 homes in residential apartment buildings in Mexico City and the Riviera Maya, all of which are eco- friendly and promote art and social inclusion. With more than 40 projects developed and 29 in process, the group's development portfolio for the next 5 years is estimated to be valued at $507 million dollars with expected revenue of $602 million dollars. Victor studied International Relations at Universidad Iberoamericana 2009- 2013. 

Olga Lidia Aranda 

Chief Operating Officer

Olga Lidia has served as the Chief Operating Officer of Smart Vylon, LLC since its inception. Prior to holding this position, she founded and, served as the managing director for the past eleven years at Arthuman Direccionando Talentos, a consulting company dedicated to recruiting and training executive personnel in a variety of industries. Olga Lidia also spent 15 years as the manager of business development  for Manpower, a leading recruitment firm in Mexico. Olga Lidia oversees management of Zima Smart Equity and handles day to day operations.