UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 1-U

 

CURRENT REPORT PURSUANT TO REGULATION A

 

Date of Report (Date of earliest event reported): February 1, 2023

 

LANDA APP 2 LLC

(Exact name of issuer as specified in its charter)

 

Delaware   87-1767314
(State or other jurisdiction of
incorporation or organization)

 

 

(I.R.S. Employer
Identification No.)

 

6 W. 18th Street

New York, NY 10011 

(Full mailing address of principal executive offices)

 

646-905-0931

(Issuer's telephone number, including area code)

 

 

Membership Interests:
 
Landa App 2 LLC - 126 Wildwood Road Stockbridge GA LLC   Landa App 2 LLC - 137 Spring Valley Circle Stockbridge GA LLC
Landa App 2 LLC - 153 Spring Valley Circle Stockbridge GA LLC   Landa App 2 LLC - 2174 Scarbrough Road Stone Mountain GA LLC
Landa App 2 LLC - 303 Kellys Walk Locust Grove GA LLC   Landa App 2 LLC - 3192 Lake Monroe Road Douglasville GA LLC
Landa App 2 LLC - 4085 Springvale Way Mcdonough GA LLC   Landa App 2 LLC - 45 Robertford Drive Covington GA LLC

 

(Title of each class of securities issued pursuant to Regulation A)

 

 

 

 

 

Distribution Declaration

 

On February 1, 2023, Landa Holdings, Inc. (the "Manager"), as manager to each of the following series (each a "Series" and collectively the "Series") of the Company, declared and paid a cash distribution (the "Distribution") for such Series for the month of  January 2023 (the "Distribution Period"), in the amount set forth in the table below.

 

For Shares purchased during the Distribution Period, holders of shares in each Series ("Shares") will be eligible to receive distributions (rounded) calculated on a pro-rata basis, based on the number of days in the applicable Distribution Period that such holder owned such Shares.

 

Series  Cash
Available for
Distribution
  

Distribution per Share (1)

 
Landa App 2 LLC - 137 Spring Valley Circle Stockbridge GA LLC  $569.73   $0.084 
Landa App 2 LLC - 2174 Scarbrough Road Stone Mountain GA LLC  $656.68   $0.068 
Landa App 2 LLC - 3192 Lake Monroe Road Douglasville GA LLC  $649.34   $0.065 
Landa App 2 LLC - 4085 Springvale Way Mcdonough GA LLC  $1,001.97   $0.1 
Landa App 2 LLC - 45 Robertford Drive Covington GA LLC  $1,098.84   $0.11 
Landa App 2 LLC - 303 Kellys Walk Locust Grove GA LLC  $1,073.13   $0.107 
Landa App 2 LLC - 153 Spring Valley Circle Stockbridge GA LLC  $735.87   $0.137 
Landa App 2 LLC - 126 Wildwood Road Stockbridge GA LLC  $663.04   $0.066 

 



(1) Distributions by this Series were made based on the total Shares outstanding as of February 1, 2023.


For any additional information regarding the Shares discussed herein, shareholders should refer to the Offering Circulars, available on the SEC's website at www.sec.gov

 

Further information detailing the calculation of cash available for distribution for each Series is available on the Landa Mobile App, which is available on iOS and Android devices.

 

1

 

 

SIGNATURE

 

Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: February 2, 2023 LANDA APP 2 LLC
     
  By: Landa Holdings, Inc.,
    its Manager
     
  By: /s/ Yishai Cohen
  Name:  Yishai Cohen
  Title: Chairman, Chief Executive Officer, and
President

 

 

2

 

 

Exhibit A

 

Master Series Table

 

   Series  Offering
Status
  Qualification
Date
  Closing
Date
   Total
Number of
Shares
Sold
   Total
Amount
Raised($)(1)(2)
   Monthly
Rental
Income($)(3)
   Monthly
Property
Tax($)(4)
   Monthly
Insurance
Expense($)
   Monthly
Management
Fee
 
1.  Landa Series 137 Spring Valley Circle (5)  open  12/03/2021  -    

6,822

    

46,296.9

    1,400    191    37.27    8%
2.  Landa Series 2174 Scarbrough Road (5)  open  12/03/2021  -    

9,666

    

63,950.28

    1,550    135    36.82    8%
3.  Landa Series 3192 Lake Monroe Road (5)  closed  12/03/2021  04/19/2022    

10,000

    

59,295.13

    1,400    73    32.66    8%
4.  Landa Series 4085 Springvale Way (5)  closed  12/03/2021  08/25/2022    

10,000

    

112,203.44

    2,094.75    222    44.03    8%
5.  Landa Series 45 Robertford Drive (5)  closed  12/03/2021  04/19/2022    

10,000

    

92,459.36

    2,203.95    157    48.79    8%
6.  Landa Series 303 Kellys Walk (5)  closed  12/03/2021  04/19/2022    

10,000

    

102,167.26

    1,837.5    35    43.63    8%
7.  Landa Series 153 Spring Valley Circle (5)  open  12/03/2021  -    

5,379

    

45,575.5

    1,675    187    35.88    8%
8.  Landa Series 126 Wildwood Road (5)  closed  12/03/2021  08/11/2022    

10,000

    

68,761.72

    1,470    190    34.36    8%

 

(1) All 10,000 Shares of this Series have been subscribed for and the Company is in the process of closing on the Series' offering with the investors.

(2) Reflected as of up to two (2) business days prior to the date of this Form 1-U. 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) Taxes on this Property may be subject to review and adjustment on a semi-annual basis.

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

 

 

 

 

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