506(C) Offering For Accredited Investors
- $52,000,000 Purchase Price
- 419 Units
- 26%+ ARR
- 2.9% fixed rate-Assumption of Attractive Freddie Mac Loan
- 8% Preferred Return
- 2022 Tax Benefits
- Passive Income & Legacy To Your Family
Avg Submarket Rent Growth
5 Year Population and Household Growth
Avg Unit SF
Units
Purchase Price
Total Rentable SF
Average Submarket Rent Growth (2022): 12.7%
5 Year Population and Household Growth: 20%+
No New Supply Under Construction Within 3 Miles
Strong Renter Demand (Average Submarket Vacancy: 4.5% -Q3 2022)
Clear Rent Growth Upside and NOI Growth Through Value-Add Renovations and Market-To-Market Leasing
Low Leverage Transaction (52% LTC)
Assumption of Attractive In Place Freddie Mac Loan 2.9% fixed rate
Attractive Purchase Price Basis of $124,105/Per Unit, comps at $46K-$166K Per Unit
Conservative Exit Cap Rate Assumption of 5.5%
units
Purchase Price
Projected returns
Preferred Return
Minimum Investment
Funds Due by
Comprehensive interior renovation program - 90%+ of existing units are in classic condition
Exterior cosmetic improvements to enhance curb appeal and leasing
Amenity enhancement and upgrades (Pool Area, Social Court, and Fitness Center
Opportunity to add other income sources (Washer/Dryer 100% Hook Up in Units and Parcel Lockers
Texas Multifamily Market
Total Rentable SF
Current Occupancy
Number of Buildings
B+ AREA
1 Mile from George Bush Turnpike
Right in the middle of high growth areas (Plano, Frisco, Addison, and Richardson)
Dallas Market Is Booming!
We look forward to our acquisition of this amazing investment opportunity, and look forward to partnering up with you!
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 35+ Combined Years of 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!