PROJECTS

MAGNOLIA CREEK - 436 Units

Investor Projections:
 

  • Total Equity Multiple 2.1

  • Average Annual Cash Return 8.9%

  • Average Annual Return 22%

  • Internal Rate of Return (IRR) 18%

Magnolia Creek, an off market deal, was built in 1988 and is a relatively new build for the area. With 436 units, Magnolia presents a substantial value-add opportunity through the implementation of upgrades to unit interiors,allowing all units to achieve rent premiums of surrounding renovated properties.

NORTH ARLINGTON - 564 Units

Investor Projections:
 

  • Total Equity Multiple 2.1

  • Average Annual Cash Return 8.8%

  • Average Annual Return 22.6%

  • Internal Rate of Return (IRR) 18.3%

Two off-market assets, Midtown Crossing and Chestnut Ridge, located across the street from each other in North Arlington,TX create a substantial value add opportunity to scale two class B assets.  Highest ranked submarket in Dallas Forth-Worth

MIRA VISTA - 304 Units

Investor Projections:
 

  • Total Equity Multiple 2.1

  • Average Annual Cash Return 8.7%

  • Average Annual Return 22%

  • Internal Rate of Return (IRR) 18%

Formally Mira Vista, Avery is a class A- value-add property located in the submarket of Lewisville (NE submarket of Dallas, TX).  The property is a trophy, institutional-quality asset that enjoys an exceptional location, solid amenities, and an interior renovation opportunity.

VILLAS DE SENDERO - 209 Units

Investor Projections:
 

  • Total Equity Multiple 2.39

  • Average Annual  Return 9.14%

  • Internal Rate of Return (IRR) 14%

Villas de Sendero is a 209 unit class B multifamily property located
in the Westover Hills area of San Antonio’s northwest side. The
property’s location is accessible by Highway 151, Loop 410, Loop 1604,
and Bandera Road providing residents convenient access to San
Antonio’s top employers, retailers, and recreation.

BIRCH RUN - 198 Units

Investor Projections:
 

  • Total Equity Multiple 2.25

  • Average Annual Return 12.7%

  • Internal Rate of Return (IRR) 15.3%

Birch Run is a 198-unit, class B garden-style apartment community, located in Clarkston, Georgia. Occupying a rentable area of 231,110 square feet, the property offers a two-bedroom units ranging from 1,050 to 1,245 square feet, all with in-unit washer and dryer connections. Community amenities at this pet-friendly property include a sparkling swimming pool, sport court, laundry facility and walking track.

Happy Homes - 201 Space
Happy Homes - 201 Space

Investor Projections:
 

  • Total Equity Multiple 2.25

  • Average Annual Return 12.5%

  • Internal Rate of Return (IRR) 12%

The portfolio consists of 201 spaces, and is approximately 90% occupied between the two properties.  The assets offer residents well maintained
communities that are located close to downtown Foley, local beaches, amusement parks, and other nearby attractions. The area attracts over 6.3 million visitors per year and offers residents a wide variety of shopping and restaurants to choose from.

Investor Projections:
 

  • Total Equity Multiple 2.25

  • Average Annual Return 12.5%

  • Internal Rate of Return (IRR) 12%

The portfolio consists of 201 spaces, and is approximately 90% occupied between the two properties.  The assets offer residents well maintained
communities that are located close to downtown Foley, local beaches, amusement parks, and other nearby attractions. The area attracts over 6.3 million visitors per year and offers residents a wide variety of shopping and restaurants to choose from.

Self Storage / Mobile Home Fund

Investor Projections:
 

  • Project Cash Flow Y1: 7-8%, Y2: 8-9%, Y3: 9-10%

  • ROI RETURN 5YR: 17.4%, 10YR 20.2%

A $50m blind pool to acquire and manage up to 9 self storage 

facilities and over 100 mobile home parks across the U.S.

2018 by Simon Investment Group