Passive Investments Opportunities
in Niles, Michigan
54 UNITS || Village West Apartments
We Are Pleased To Bring To You Our Latest Offering, Village West Apartments!
INVESTMENT OVERVIEW
Value Add Investment Opportunity
Gibby’s Capital Investments alongside Rise Up Capital are pleased to bring you our latest offering, Village West Apartments!
OUR TRACK RECORD
LOCATION OVERVIEW
- The city is full of open spaces and lovely parks where one can relax with family and friends.
- The parks also feature playgrounds where you can enjoy a variety of sports like baseball, volleyball and football.
- The colleges and universities that are situated close to the city are University of Notre Dame, Indiana University-South Bend, Kalamazoo Valley Community College and Andrews University.
Why you should invest in this deal
- This property is a C property is a strong B area
- This property has great value add potential with strong cash flow already going in.
- Recent renovations including gutters, appliances, HVAC, electrical boxes, doors, roofs, and windows.
- Huge opportunity to reduce expenses from previous ownership/management.
- Rents are significantly below market rates leaving us with massive upside and ability to increase our Net Operating Income.
- Recent renovations of over $220,000 will mitigate any large capital expenditures going in.
- And TONS more!!
INVESTMENT HIGHLIGHTS
- Village West is a BEAUTIFUL 54-unit Multifamily property spread across 5 buildings.
- This property is located in the highly stable and sought-after market of Niles, MI, just 8 miles North of The great University Notre dame campus
- The property contains an attractive variety of unit types including 24 one bedrooms, 27 two bedrooms, and 3 three bedrooms.
- This property presents a tremendous amount of upside and potential and we cannot wait to share it with you and have you team up with us on this deal.
NATIONAL MULTIFAMILY OUTLOOK 2022
8.5%
INFLATION
As of July 2022, consumer prices had posted some of their fastest increases in more than 40 years.
3.5%
UNEMPLOYMENT RATE
Low unemployment has led to higher wages, which has somewhat offset the impact of rising prices.
4.5%
VACANCY
Vacancy dropped 20 basis points in the first half of this year and should remain flat in the coming quarters.
750K
UNDER CONSTRUCTION
Developers respond to strong renter demand by moving more projects into the construction pipeline.
+9.8%
RENT GROWTH
Additional rent growth is forecast for the second half, but the pace of increases will be more modest.
4.2%
AVERAGE CAP RATE
With interest rates on the rise, cap rates have ticked up from 2021 levels. Cap rates averaged 4.2 percent in the first half.
OUR INVESTMENT PROCESS
SIGN UP
Register on our investor portal, Review the offering.
INVEST
Sign the PPM and Subscription Docs and Invest alongside us!
WE CREATE VALUE
Our team monitors property performance and is always available to answer your questions.
YOU EARN PASSIVE INCOME
Time to earn your passive income, we call this mailbox money. You’ll earn investor distributions in a combination of two ways, cash flow throughout the hold (Paid Quarterly), and equity as well when we exit.
BENEFITS OF PASSIVE INVESTING IN Multifamily Assets
DIVERSIFICATION
Investor equity is invested over multiple acquisitions in multiple markets, with individual property business plans and hold periods.
RISK MITIGATION
Investment over multiple projects offers the ability to reduce risks while offering the potential for higher returns.
LEVERAGE
Leverage our vast experience, financial sponsorship strength, and capital aggregation to invest in otherwise unobtainable, high-value apartments with high returns.
CASH DISTRIBUTIONS
The Grocapitus Value-Add Multifamily Income Fund is projected to produce positive cash-flow starting in year 1, making it a great investment for cash flow investors.
TAX-ADVANTAGED INVESTING
Enjoy the potential for tax advantages such as 100% bonus depreciation, accelerated depreciation/cost segregation, passive income tax treatment, 1031 exchange, IRA investing, and death tax benefit.
CAPITAL APPRECIATION
Increased property value through physical and operational improvements that increase the value of the property by increasing Net Operating Income (NOI).
PRINCIPAL REDUCTION
Through the life cycle of the syndication, rental income from the property pays down debt service. Upon the sale of the property principal reductions will be returned to investors.
RECESSION & INFLATION RESISTANT
Regardless of the economy, people still need a place to live. Class A and B rental properties have done historically well in past recessions and in periods of high inflation.
Join Our Gibby's Investor Club
We look forward to our acquisition of this amazing investment opportunity, and look forward to partnering up with you!
INVEST WITH US
OUR TEAM
Eric Chadderdon
Brett Davenport
Meaghan Davenport
Caleb Christian
IMPORTANT FAQ
Yes, via our Cost Segregation & Depreciation approach.
$100,000 is typically our minimums. This can change on a deal by deal basis.
We have a combined 36+ years experience in Ownership, Renovations, Acquisition, and Disposition.
Yes, with Gibby’s Capital Investments you are able to invest through your self directed IRA account. We will walk you through the process. It’s very simple!