Our client-exclusive
investment opportunity:
Verge

PROJECTIONS

Verge Apartments

Investment Snapshot:

The trifecta effect (three ways to benefit!)

1. 2X Total Return over 5-year hold - 20.04% Average Annual Return

2. 5.14+% Average Annual Cash Flow

3. Tax write offs via bonus depreciation (Please consult your CPA)

​

Additional terms:

80/20 LP/GP Split

$50,000 minimum investment to become part owner of this amazing asset!

Fixed debt: 5 year hold period

First come first served, spots fill up fast!!

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

 

 

 

PROPERTY OVERVIEW​​

​

• Located inside of the Dallas Midtown Development project which is set to break ground in 2022. The plan highlights include parks and open space, two luxury hotels, iconic office towers, luxury condo units, a 10 screen AMC movie theater, boutique shopping, restaurants and entertainment venues

• $4 Billion planned development in neighboring parcels across the street, will organically raise our property value for exponential appreciation

• We secured a 10 year, 57% low leveraged fixed-rate loan!  We locked in a low interest rate of 4.86%. Utilizing fixed debt minimizes risk in this high inflationary and interest rate increasing environment we are in!

​

These assets have tremendous potential, minimal deferred maintenance,

and are in a phenomenal location near schools, parks, retail, and more.

We're excited to be adding more to our deal and leveraging scale to lower our costs, providing better service to our tenants, and decreasing risks for investors.

 

Conservative Underwriting:

Extreme Demand in Submarket w/ a Strong Demographic Tenant Base - This asset is located in far North Dallas, where CoStar projects 5.12% rent growth annualized over the next 5 years. The direct area Verge is located in has also seen a staggering 6.37% annualized rent growth over the last 10 years. The asset also sits less than a few blocks off of Interstate 635, a major thoroughfare and has EXTREMELY low bad debt and delinquency due to the type of tenant base.  Verge and all Competitors currently have 95-100% occupancy as is!

​

Inferior Competing Properties Getting Higher than our Pro-forma Rents - During our physical competitor shop survey, we have verified Verge Apartments has rents set lower than our main competitors, AND we have a superior location and product.  This gives us extreme confidence we will be able to hit, and likely beat our pro-forma rents right out of the gate!