Windsor Park Apartment 3001 Arroyo Drive,
Victoria , TX77901
506(b) || Non-Accredited & Accredited Investors
We Are Pleased To Bring To You Our Latest Offering, Village West Apartments!
WINDSOR PARK APARTMENTS Investment HIGHLIGHT
80
Units
$6,800,000
Purchase Price
19.17% ARR / 15% IRR
PROJECTED RETURNS
$2.1MM
TOTAL EQUITY RAISE
MARKET OVERVIEW - VICTORIA TEXAS
(since 2000)
Why you should invest in this deal
- Strong value add opportunity through unit improvements and added amenities along with operational efficiencies
- Projected Average Annual Return: 19.17%
- Attractive purchase price basis at $85,000 Per Unit
- Built in 1978, and fully renovated in 2018, the property is located in a well established neighbourhood in Victoria, TX
- Minimum Investment: $100,000
- Final opportunity to get 2023 Tax Benefits!!
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.
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
