SouthCorp Capital Announces Sale of Property for 300% Return

SANTA MONICA, Calif.--()--SouthCorp Capital, Inc. (OTCQB: STHC) announced today that the Company has agreed to sell one of its properties. The Company will receive a return of approximately 300% on the sale of the property.

The Company acquires properties that have been condemned or near condemnation. As such, the Company is able to acquire the properties at below market price. Once the Company completes renovations, the Company lists the property for sale. The Company’s overall expenses are reduced on renovations since our Chief Operating Officer is a licensed contractor.

About SouthCorp Capital. SouthCorp Capital, Inc. is a Delaware corporation. The Company focus is on the acquisition and renovation of single-family and multi-family properties in the U.S. with the intent of reselling the property after renovations have occurred. Our real estate investments are expected to focus on properties undervalued and/or in need of some repairs.

Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.

Contacts:
SouthCorp Capital, Inc.
Joseph Wade
661-418-7842
info@southcorpcapital.com
www.southcorpcapital.com

Contacts

SouthCorp Capital, Inc.
Joseph Wade, 661-418-7842
info@southcorpcapital.com
www.southcorpcapital.com

Contacts

SouthCorp Capital, Inc.
Joseph Wade, 661-418-7842
info@southcorpcapital.com
www.southcorpcapital.com