ALA K-12 Islamic School is expanding by opening school branches in various states. This presents an opportunity for ALA to acquire several church/school buildings in Texas, Oklahoma, Ohio, Indiana, North Carolina, and other states.
If you are interested in investing, use the form below to express your interest in the number of shares you may want to invest in.
One investment unit = $25,000. Only 600 investment units will be offered on a first-come, first-served basis between November 15, 2024 – February 15, 2025. Approximately 14% yearly profit expected on your investment amount.
ALA SCHOOL PROPERTY PARTNERS LP
ALA School Property Partners LP (“ASPP”) is formed as Texas limited partnership (“Partnership”), the purpose of which is to acquire several church/school buildings (“Properties”) in Texas, Oklahoma, Ohio, Indiana, North Carolina, and other states, to then update and rent these properties to a private school, American Leadership Academy Inc (General Partner in ASPP), to gain rental income and appreciation of value over time for ASPP from these Properties, together, the (“Property Portfolio”). See the attached Investment opportunity and summary.
MANAGEMENT AND STRUCTURE OF ASPP
ASPP is managed by its General Partner (operating partner), American Leadership Academy Inc (“ALA GP”), a Texas S-corporation, and Syed M. Kamal as the CEO. Each investor will be a Limited Partner in ASPP.
LOCATION OF INVESTMENT PROPERTIES (SCHOOLS)
The investment Properties (school buildings) will be located in Texas, Oklahoma, Indiana, Ohio, North Carolina and other states.
- ALA GP already has enrolled students for 2024-2025 Academic Year starting in August 2024 in Texas, Oklahoma and North Carolina, and is running marketing activities and enrollment drives to enroll more students in Indiana, Ohio and other states by March 2025 for the academic year that begins in August 2025.
- Some of these states (for example: Oklahoma, North Carolina, Indiana, Ohio) offer a scholarship to state residents ranging from $3,000 – $7,500 per students to take their public school going children to a private school, including an Islamic School like ALA GP. Meaning these families would not have to pay the private school fee out of their pocket to ALA GP for their children.
- ALA GP will manage the investment properties, manage school operations and share annual profit for each property to ASPP, which will distribute the annual profits to each investor based upon their investment amount.
- Since the school will only utilize the Properties from 8:00am-4:00pm Monday – Friday, the auditorium (200-400 seats), kitchen, and lunch hall at the Properties could be rented out during evenings/weekends for community/private events for additional rent income.
- ALA school will pay electric, water, gas, and cleaning bills for the Properties it rents from ASPP.
- Average ROI for the property portfolio is approximately 14%
- Negotiations on asking (purchase) price of each property by ALA GP can further improve the ROI for ASPP and thus Investors.
THIS INVESTMENT SUMMARY DOES NOT CONSTITUTE AN OFFER OR SOLICITATION TO INVEST IN THE PARTNERSHIP. AN OFFER TO INVEST IN THE PARTNERSHIP WILL BE MADE ONLY THROUGH THE PRIVATE PALCEMENT MEMORANDUM AND SUBSCRIPTION AGREEMENT WHICH WILL BE PRESENTED TO YOU AT A LATER DATE. THIS INVESTMENT SUMMARY MAY NOT BE REPRODUCED.
