Ark7 Properties Plus LLC (AKPPS), an 18-series investment vehicle for fractional ownership of rental properties, reported results for the six months ended June 30, 2026. Consolidated revenue was $249,550, compared with $253,375 a year earlier; operating income was $25,478 versus $30,824, and net loss was $64,389 versus $31,876. Management attributed the net result mainly to higher interest expense following the refinancing of certain mortgage loans and higher property taxes, partly offset by lower general and administrative expenses.
Operating activities used $434,784 of cash, compared with $296,856 provided in the prior-year period, while financing activities provided $862,075. As of June 30, 2026, cash and cash equivalents were $584,734, total assets were $7,059,834, and total liabilities were $2,875,345. Related-party receivables of $1,674,481 were due from the Parent Company, were non-interest bearing and were due on demand.
Management said operating losses in prior years had required ongoing financial support, but believes its plans and resources support continued operations. The financial statements were prepared on a going-concern basis.