Rockport, Texas

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Passive Investor Benefits

Managed by TTRE LLP COMPANY

%

Targeted IRR

Defer Capital Gains

Potential for zero Capital Gains Tax after 10 Years

Upside Potential

Profit Share of Upside = 

70% Split of Fund’s Profits

Passive & Steady Income

Preferred Return  =

8% Annualized

Background | Opportunity Zones

Opportunity Zones were created in 2017

The goal is to incentivize private investors, to invest in low-income census tracts

Investors can make qualifying investments into new real estate properties in exchange for certain federal capital gains tax reductions

QOF | Qualified Opportunity Funds

Qualified Opportunity Fund (QOF) –  private investment vehicle organized as a corporation or partnership with the specific purpose of investing in Opportunity Zones. 

Invest at least 90 percent of their capital in qualifying investments inside Opportunity Zones communities. 

Must Register QOF with Internal Revenue Service.

Reduce or Eliminate Capital Gains Taxes.

CBOZ Fund stops accepting new investors in 2023

The Opportunity Zones were created in 2017, as part of the Tax Cut and Jobs Act.  The incentive is structured in a way that encourages investors to redeploy capital gains from successful investments into new, long-term investments in the kinds of struggling communities that they would normally overlook.

Complete this form to learn more.

Fund Overview

  • Maximum $25 million initial fund, under Reg. D 506 (c).

  • Coastal Bend OZ Fund LLC and its affiliates have invested in 125 units and multiple land purchases valued at over $4 million. 

  • TTRE LLP long term investment strategy, has a history of achieving exceptionally high returns through the acquisition of prime properties. 

Fund Strategy

  • Investments from $5 million to $15 million which are too large for inexperienced or first-time investors and too small for institutional investors 
  • Focusing on transactions this size generates more profits with less risk 
  • Properties typically stabilized within 12-18 months  

Fund Asset Types

Short Term Rentals

  • Coastal Bend is a Top Vacation Market – Tourism, Beach and Fishing
  • Rockport, Texas was named one of the Top 5 Small Coastal Towns in America by USA Today in 2020.
  • Rockport, Texas is also the number 1 fishing destination in Texas.

Multi-Family Apartments

  • Nationwide as of November 2021, there are 241 total QOZ Funds with 60% of them investing $48.6 billion in Affordable Housing and Community Development, including workforce and low-income housing.
  • Pandemic-driven demand and a robust housing market have created the best environment in the self-storage sector.

Climate Control Storage

  • The self-storage sector has experienced record growth over the past two years, driven by the pandemic effects of increased remote workers and business relocation. 
  • The exciting storage properties throughout the Coastal Bend tend to be older non climate controlled and the area is ripe for multi story climate controlled development. Yardi Matrix June 2022.

Fund Market

About Opportunity Zones

Leveraging Impact Investing to Support a Just and Equitable Recovery in the Coastal Bend Region.

Texas Central & Southeast Regions Opportunity Zone

We know Austin and believe its over heated market will peak. We keep a finger on the pulse and have vast experience here.

Corpus Christi

Corpus Christi and the surrounding waterfront communities are becoming a hot spot for remote workforce relocation.

Coastal Bend Region 

Rockport, Texas was named one of the Top 5 Small Coastal Towns in America by USA Today in 2020. The number 1 fishing destination in Texas

Texas Central & Southeast Regions Opportunity Zone

Current Projects

PROJECT 1 BLUE ZONE

RESORT & Conference Center

Short-term rental property 3 blocks from the scenic bay and in the hotel district of Rockport, Texas.  

A retail component will include the Wine @ Five rooftop lounge, a well equipped spa providing various treatments and massages for guests to enjoy as well as a swim-up bar.   Issuing of permits on-going with full entitlement in place.

The Blue Zone Resort is anticipated to be a $12-15 million project. The project is targeted to break ground by Q3 2023.

 

PROJECT 2 REDFISH LANDING

Mixed use multi-family workforce housing with LIHTC and other compounding tax incentives.  Located on Redfish Bay adjoining popular Conn Brown Harbor.  20+ acres.

This is a $15,000,000 project.

INVESTOR TESTIMONIAL

Fund Growth Plan

Deep Relationships in Building, Developing
and Investing in Real Estate

Experienced Management Team

John Berlet – General Partner – Rockport, Texas

As the General Partner of Tandem Trust Real Estate LLP and Coastal Bend OZ Fund Manager, John brings his experience to the organization formed to build wealth for his partners and investors. As CEO of Tandem Trust Financial LLC, he has assisted his clients in reaching their financial goals for the past 30 years. John Believes that the Opportunity Zone Tax Benefits are the best retirement strategy that he is has ever seen.

Stormy Johnson – Investor Relations – Austin, TX

Owner of an Insurance and Financial Service agency since 1996. A current investor in the Coastal Bend Opportunity Zone Fund with ample experience in the Real Estate Market since 2002. An in-depth knowledge of short term investment and rentals in both Central Texas and Coastal Bend. A registered representative in securities transactions since 2000.

Nathaniel Dodson – Legal Counsel – Dallas, Texas

Advises clients on matters related to securities, financing, real estate, opportunity zones, and M&A. Through leveraging his expertise in the industry along with the help from his long list of trusted connections, Nathaniel has represented over $2 Billion in real estate and business funding transactions.

Patrick R. Sughroue Esq. – Legal and Business Counsel

Patrick Sughroue is a co-founder of The Business Law Group, Grand Rapids, Michigan. Over the years Patrick has served as legal counsel and business advisor in connection with numerous business organizations and transactions including capitalization, investment and M&A. Industry specialties include securities and financial services, energy, real estate, technology, emerging businesses, qualified opportunity zones (QOZ) and legal cannabis. Patrick also maintains an alternative dispute resolution practice for business and financial disputes and serves as a FINRA arbitrator. He earned his degree in business finance from the University of Notre Dame (1980) and his Law Degree from Wayne State University Law School (1983).