204 ELM DRIVE, WINSTON SALEM, NC

Summary

204 ELM DRIVE, WINSTON SALEM, NC is a $111,950 loan offering structured as a first lien position on a purchase & project in WINSTON SALEM, NC listed on Groundfloor.

The offering carries a stated rate of 10%, a term of 15 months, a loan-to-value of 70%, and a minimum investment of $10.

It is secured by Real estate at 204 ELM DRIVE, NC, and the borrowing entity is Sales, LLC.

According to the offering circular, the loan is a first lien renovation, on the property at 204 ELM DRIVE WINSTON SALEM, NC 27105 Dr Mayfair Dr 204 Elm Dr, The Borrower intends to use the loan proceeds to purchase and renovate the property. Upon completion, the Winston- Salem, NC. Bor ower intends to sell the property to repay the Groundfloor loan. INVEST NOW Google shortcuts Map data 02022 Report a map error Click here to view the LRO Agreement, with a 15-month term, a 10% rate to the borrower.

AltStreet tracks 8 other Groundfloor offerings in WINSTON SALEM, NC, with disclosed rates ranging from 8% to 12%, and across 4,355 tracked Groundfloor offerings the median disclosed rate is 10.5%.

Terms shown here are drawn from SEC filing 0001104659-22-074484 and were captured by AltStreet on 2026-05-31. Figures are as disclosed at the time of the offering and are not updated for subsequent performance.

Disclosed Terms

Offering amount: $111,950
Stated rate: 10%
Term: 15 months
Loan-to-value: 70%
Position: First Lien
Minimum investment: $10
Project type: Purchase &
Collateral: Real Estate
Return type: Interest
Borrowing entity: Sales, LLC
Status: Active
Target return: 10%
Collateral in place at close: Yes
Property address: 204 ELM DRIVE WINSTON SALEM, NC 27105 Dr Mayfair Dr 204 Elm Dr, The Borrower intends to use the loan proceeds to purchase and renovate the property. Upon completion, the Winston- Salem, NC. Bor ower intends to sell the property to repay the Groundfloor loan. INVEST NOW Google shortcuts Map data 02022 Report a map error Click here to view the LRO Agreement
Lien position: First Lien Renovation
Loan term: 15 months
Rate to borrower: 10%
Loan-to-ARV: 70%
Loan principal: $111,950
Maximum offering: $111,950
Offering circular: Form 1-A POS 0001104659-22-074484

Terms as disclosed at the time of the offering. AltStreet does not update these figures for subsequent performance, and a disclosed rate is not a realized return.

Where It Sits in Groundfloor's Book

Disclosed rate

10%

Above 25% of peers, median 10.5%. Low for the book.

Hold period

15 mo

Above 65% of peers, median 12 mo. Near the middle of the book.

Loan to value

70%

Above 71% of peers, median 67.9%. High for the book.

Compared against 4,323 other Groundfloor real estate offerings with a disclosed rate. 321 of them are in NC, where the median disclosed rate is 10%. A percentile places a disclosed term, not a result. Browse the full Groundfloor book.

Filing Record

204 ELM DRIVE, WINSTON SALEM, NC is offered under Groundfloor's Regulation A (Form 1-A) program, a single SEC registrant that covers 1,266 tracked offerings. The program's filing history runs from 1-A on Mar 24, 2023 to 1-K on Apr 1, 2026. Those filings describe the program, not this loan; the terms above are this offering's own.

13 audited annual statements are on file for this issuer.

From SEC EDGAR, as filed. Issuer filing history.

Terminal Analysis

Investor

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Questions About This Offering

What is 204 ELM DRIVE, WINSTON SALEM, NC?

204 ELM DRIVE, WINSTON SALEM, NC is a $111,950 loan offering structured as a first lien position on a purchase & project in WINSTON SALEM, NC listed on Groundfloor. The offering carries a stated rate of 10%, a term of 15 months, a loan-to-value of 70%, and a minimum investment of $10. It is secured by Real estate at 204 ELM DRIVE, NC, and the borrowing entity is Sales, LLC.

What interest rate does 204 ELM DRIVE, WINSTON SALEM, NC pay?

The offering carries a stated rate of 10% over a term of 15 months, as disclosed at the time of the offering on Groundfloor. Stated rates are not guaranteed returns; repayment depends on the borrower and the underlying collateral.

What is the loan-to-value on 204 ELM DRIVE, WINSTON SALEM, NC?

The disclosed loan-to-value is 70% on the property in WINSTON SALEM, NC. For fix-and-flip and construction lending, this ratio is typically measured against after-repair value rather than the current as-is value, so it reflects a projected valuation rather than a realized one.

Who is the issuer of 204 ELM DRIVE, WINSTON SALEM, NC?

The securities are issued by GRE1.

What property backs 204 ELM DRIVE, WINSTON SALEM, NC?

The offering circular identifies the property as 204 ELM DRIVE WINSTON SALEM, NC 27105 Dr Mayfair Dr 204 Elm Dr, The Borrower intends to use the loan proceeds to purchase and renovate the property. Upon completion, the Winston- Salem, NC. Bor ower intends to sell the property to repay the Groundfloor loan. INVEST NOW Google shortcuts Map data 02022 Report a map error Click here to view the LRO Agreement. The loan is a first lien renovation. Loan-to-after-repair-value is disclosed as 70%.

What is the minimum investment for 204 ELM DRIVE, WINSTON SALEM, NC?

The disclosed minimum is $10. Eligibility, availability, and the current status of this offering are determined by Groundfloor, not by AltStreet.

Is 204 ELM DRIVE, WINSTON SALEM, NC still open to investors?

AltStreet's record shows the offering as active. AltStreet tracks this offering from SEC filings, last captured 2026-05-31. Offering status changes without a corresponding filing in many cases, so current availability should be confirmed directly with Groundfloor before acting.