Multi-family Investment Opportunity Cedar Run Apartments, Memphis

[Sathesh Kumar]

Multi-family Investment Opportunity Cedar Run Apartments, Memphis, TN

416 Units | Class B Property | - Projected: 80% + 5 Year Return, 8.0%+ Avg Cash Flow

(This is a 506C offering, which means it is open to accredited investors only)

We are very excited to announce that we are under contract to purchase Cedar Run Apartments in Memphis, TN.

• Class B property that has been renovated by the seller in 2019 and looks and feels like class A
• Memphis has a population of 1.3million+ and is growing
• Strong inbound migration pattern into Memphis from across USA
• The average median household income is about 50,000 in the 3-mile radius

INVESTMENT HIGHLIGHTS

• Purchase price of $93k/unit (39M) with significant NOI growth opportunity.
• The property is in excellent condition, the previous owner spent 17million $ in renovations.
• 8% + average annual return of cash flow to passive investors.
• 80% + 5 Yr. Total Return to passive investors.
• Cost Segregation will be performed to maximize ROI via tax. advantages of Accelerated & Bonus Depreciation. Significant year 1 tax deductions will be realized by all investors.
• 80/20% Passive/Sponsor split on profit after all investor capital has been returned.
• Minimum investment $50,000 (please note priority will be given to those with higher investment amounts)

This is a 506c offering, accredited investors only

SPONSOR TEAM

• The combined sponsor team has experience managing 3500+ units of properties in Dallas, Boston, and Atlanta.As a team we have done 8 syndication deals combined and done successful exits which gave 2X for passive investors

If this investment opportunity might fit your criteria and you are interested in receiving more details in the coming weeks, please complete our Investor Interest Form by clicking the button below.

https://docs.google.com/forms/d/e/1FAIpQLSfsOfZnXVsWMEYBY_pqM9HltHFfymoUnurIC3Xt_roAo5HD-A/viewform