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Updated about 4 years ago,

User Stats

14
Posts
1
Votes
Michael Parks
  • Rental Property Investor
  • Boston, MA
1
Votes |
14
Posts

336 Unit Apartment Syndication - Accredited Investors Only

Michael Parks
  • Rental Property Investor
  • Boston, MA
Posted

Ever think you could be an owner of 336 apartments? You Can! (Here is how.)

My colleagues at The DeRosa Group have a few investor spots left on this outstanding value-add, 336 unit multifamily in Winston-Salem, NC. This property has had over $1M recently invested by the current owners with an opportunity to finish the renovation, drive increased rents, and deliver a property that the tenants and owners will be proud of. The Winston-Salem area has strong demographics with 10 years of population increase. Wake Forrest University is the primary employer and a major driver through their investments in the Innovation Quarter. There is also strong job diversity with healthcare as a major field. There are two ways to invest in this deal. One short term (3 years) with an 8% fixed interest and a second longer-term hold (10 years) with a projected 15% internal rate of return. This is for accredited investors only. If you are interested in learning more about this opportunity or would like to see future investment opportunities for both accredited and non-accredited investors, please message me directly.