PROJECTIONS

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Investment Snapshot:

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The trifecta of MF investing (three ways to benefit!)

1. Multiple Total Return over 5-year hold 

2.  Average Annual Cash Flow

3. Depreciation Losses:  Bonus depreciation will be applied to the 2023 tax year, via a cost segregation study on this asset.

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Breakdown:

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• Number of units: 144

• Asset Class: B

• Debt: 10 Year Fixed-Rate Freddie Mac loan with 5 years of interest only

• Leverage: ~58%

• Capital Raise: ~ $12,709,231

• Minimum Investment: Minimum investment $50,000 (Cash & Solo 401k funds acceptable / IRA funds may be accepted depending on timelines)

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Five Reasons We Love this Opportunity:​

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• Neighboring Properties Achieving Higher Rents - We physically shopped the submarket and verified that properties right around the corner that have similar year-built and unit count are achieving rents $200-$300 higher than Grand Seasons. Nearby properties have a very low vacancy, showing strong demand for apartments in this neighborhood.

• Great Neighborhood – Grand Seasons is located one mile from Dallas North Tollway, a major thoroughfare and is right across the street from a Trader Joe’s, and is within walking distance to dozens of restaurants and businesses. Surrounding schools are all ranked A to A- by niche.com. 

• Fixed Debt! - We secured a 10-year, ~58% low-leveraged fixed-rate loan! We locked in a low-interest rate of 5.17%. Utilizing fixed debt minimizes risk in our high inflationary and interest-rate-increasing environment! With our rate locked, we have also removed all risks regarding interest rates as they continue to fluctuate for the next decade.

• Tremendous Value-Add Potential and Currently Stabilized – Grand Seasons is stabilized at 96% occupancy with classic interiors in 97 out of 144 units. By upgrading these remaining units AND pushing rents to the current market, we can add tremendous value to this property and achieve strong returns.

• Excellent Track Record With Property Manager- Fairmont Property Management will oversee Grand Seasons. We have worked extremely close with Fairmont in developing our business plan for this asset. Fairmont currently manages several DFW properties for us, and they do a tremendous job with communication and driving performance.