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Updated almost 2 years ago,
24% AAR Closing soon - 98 unit Built-to-Rent multifamily with 10 acres of land
Accredited investors have an opportunity to invest with us in this unique opportunity:
- 96% occupied 98 units
- 2021 construction being purchased at an unheard of 6 cap (20% discount)
- Low agency fixed rate debt
- Additional 10 acres of land zoned for 120 units (no construction in this project)
- Projected 24% Avg Annual Return
- Projected 2.2x over 5yrs
- 8% pref and 70/30 splits
We are OVER 90% subscribed so if you are interested, please visit Creekside Replay - Penn Capital and contact us ASAP.
Offering
Huntsville, Alabama