Master-planned community within close proximity to major Houston,TX - area
Value-add Multifamily Investment with immediate operating efficiencies and revenue generation in a master-planned community offering an exceptional quality of life within close proximity to major Houston-area employers and high barriers to entry for new supply.
- Strong Projected IRR 17 - 24%
- Strong Projected MOIC 2.0x – 2.5x, 5-year hold
- Strong Projected NOI growth of 40%
- Total Equity Required circa $ 5,3M
- Sponsor specializing in the acquisition and asset management of mid-market multifamily assets since 2012
- Current AUM of over $350M across 1,600+ multifamily units and 750K SF of commercial acquisitions and development
- Sponsor strategy of investing in assets with strong underlying fundamentals and identifiable paths to enhanced value
- Executive team has over 40-years of Texas real estate experience, with a combined experience of +100-years