All Forum Posts by: Zach Haptonstall

Investment Info:

Large multi-family (5+ units) buy & hold investment in Glendale.

Purchase price: $15,500,000
Cash invested: $4,890,000

PASEO 51
116 UNITS
Glendale, AZ
​
Acquisition Date : September 2020
Purchase Price : $15.5M
Down Payment and Renovation Costs : $4.89M
Loan : 10-Yr Floating Interest Rate, Non-Recourse Agency Loan
Deal Structure : 506(B) Syndication
Unit Mix : 80 1BR/1BA | 36 2BR/2BA
Projected Hold : 2-5 Years

Investment Info:

Large multi-family (5+ units) buy & hold investment in Mesa.

Purchase price: $13,000,000
Cash invested: $5,150,000

District Flats.png
DISTRICT FLATS
112 UNITS
Mesa, AZ​
​
Acquisition Date : March 2020
Purchase Price : $13M
Down Payment and Renovation Costs : $5.15M
Loan : 10-Yr Floating Interest Rate, Non-Recourse Agency Loan
Deal Structure : 506(B) Syndication
Unit Mix : 33 Studio | 78 1BR/1BA | 1 2BR/1BA
Projected Hold : 2-5 Years

Tickets: https://www.eventbrite.com/e/z...

Thank you to all of our amazing members of Phoenix Multifamily Meetup for all your support this past year. We started our group in April 2019!

Join ZH Multifamily for our end of the year holiday gala with Guest Speaker:

Rod Khleif

Host of The Life Time Cash Flow Podcast and Rod Khleif Multifamily Bootcamp

>>>>> Rod Khleif is an entrepreneur, real estate investor, multiple business owner, author, mentor, and community philanthropist who is passionate about business, life, success, and giving back. As one of the country’s top real estate trainers, Rod has personally owned and managed over 2,000 properties.

Rod is Host of the Top-Ranked iTunes Real Estate Podcast which has been downloaded more than 6,000,000 times – “The Lifetime Cash Flow Through Real Estate Investing Podcast.” Rod is the author of “How to Create Lifetime Cash Flow Through Multifamily Properties” considered to be an essential “textbook” for aspiring multifamily investors.

As an accomplished entrepreneur, Rod has built several successful multi-million dollar businesses. As a community philanthropist, Rod founded and directs The Tiny Hands Foundation, which has benefited more than 60,000 community children and families in need. Rod has combined his passion for real estate investing and business development coaching with his personal philosophy of goal setting, envisioning, and manifesting success to become one of America’s top real estate investment and business development trainers. <<<<<<<<<

-Multifamily Real Estate Investing Topic & Discussion

- Summit Equity

- Rod Khleif

- Network with Like-minded Professionals

-* Formal Business Attire

- Catered Appetizers

- Complimentary drink tickets hosted by Lima One Capital

as well as a Cash Bar, ( bartender service included)

- Raffle

- Charity Donation- 100% of Proceeds will go to Cystic Fibrosis Foundation.

- Service Provider Sponsors!

- Location: Orange Tree Golf Club & Resort in Scottsdale, Arizona

10601 N 56th St, Scottsdale, AZ 85254

-Complimentary Onsite Parking

- Limited event space

Tickets: https://www.eventbrite.com/e/z...

Network with like-minded professionals• Learn more about passive income and financial freedom through apartment investing from experienced multifamily investors & vendors • We meet 1x month• All levels of experience are welcome!

Online Pre-registered Tickets $15
At Door Price: $20
Catered Appetizers, and Drink Tickets Included
https://zhmultifamilyoct.event...

Speakers:
Phoenix Multifamily Syndicators & Business Partners :
Ben Leybovich (best known from Bigger Pockets & JustAskBenWhy) and Sam Grooms, CPA

Hosted by:
Zach Haptonstall, Founder & Principal of ZH Multifamily
Email: [email protected]
Website: http://www.zhmultifamily.com

Networking & Registration: 6-6:30 PM
Speaking Panel: 6:30- 7:45 PM
Continued Networking: 7:45 PM – 9 PM

Investment Info:

Large multi-family (5+ units) commercial investment investment in Phoenix.

Purchase price: $17,575,000
Cash invested: $6,000,000

-137 Unit Apartment Building In Phoenix, Arizona
-Acquired in August 2019
-$17,575,000 Purchase Price
-$6,000,000 of Equity Raised – Down Payment and Renovation Costs
-Syndication Structure 506(C)
-74 – 2BR/2BA, 63 – 1BR/BA
-Value-Add and Sell Strategy
-10-Year Fixed Interest Rate, Non-Recourse Freddie Mac Loan
-Projected to Sell in 2021-2023
-81%+ Overall projected Return (1.81X Equity Multiple) & 9%+ Cash-on-Cash Return

Investment Info:

Large multi-family (5+ units) commercial investment investment in Phoenix.

Purchase price: $6,900,000
Cash invested: $3,700,000

-76 Unit Apartment Building In Phoenix, Arizona
-Acquired in August 2019
-$6,900,000 Purchase Price
-$3,700,000 of Equity Raised – Down payment and Renovation Costs
-Syndication Structure 506(B)
-60 – 1BR/1BA, 8 – 2BR/1BA, & 8 – 2BR/2BA
-Value-Add and Sell Strategy. High-Velocity Deal
-10-Year Fixed Interest Rate, Non-Recourse Freddie Mac Loan
-Projected to sell in 2021
-89%+ Overall projected Return (1.89X Equity Multiple)

Investment Info:

Large multi-family (5+ units) buy & hold investment in Scottsdale.

Purchase price: $6,600,000
Cash invested: $2,600,000

-59 Unit Apartment Building In Scottsdale, Arizona
-Acquired in August 2019
-$6,600,000 Purchase Price
-$2,600,000 of Equity Raised – Down Payment and Renovation Costs
-Tenant-In-Common (TIC) Structure
-31 – 1BR/1BA, 27 – Studio, & 1 – 2BR/1BA
-Value-Add, Refinance, and Long-term Hold Strategy
-10-Year Fixed Interest Rate, Non-Recourse Freddie Mac Loan
-Plan to hold for at least 10-20 Years. Refinance and Hold for Passive Income
-At least 9%+ Cash-on-Cash Return projected

Investment Info:

Large multi-family (5+ units) commercial investment investment in Phoenix.

Purchase price: $3,400,000
Cash invested: $1,400,000

-36 Unit Apartment Building In Phoenix, Arizona
-Acquired in February 2019
-$3,400,000 Purchase Price
-$1,400,000 of Equity Raised – Down Payment and Renovation Costs
-Tenant-In-Common (TIC) Structure
-26 – 2BR/1BA & 10 – 3BR/1BA
-Value- Add and Sell Strategy
-10-Year Fixed Interest Rate, Non-Recourse Freddie Mac Loan
-Scheduled to sell in 1st Quarter of 2020
On pace for 116% Overall Return (2.16X Equity Multiple) & 9.5% Cash-on-Cash

Network with like-minded professionals• Learn more about passive income and financial freedom through apartment investing from experienced multifamily investors & vendors • We meet 1x month• All levels of experience are welcome!

$10, Please pay via Meetup.com

Cash, Venmo, Zelle accepted at the door

Hosted by:
Zach Haptonstall, Founder & Principal of ZH Multifamily
Email: [email protected]
Website: http://www.zhmultifamily.com

Keynote Speaker:

Multifamily Guru, Neal Bawa
Neal will be flying in from Northern CA for our Event to teach a workshop:

LOCATION MAGIC WORKSHOP : How to pick the BEST cities and neighborhoods in the U.S., in 60 minutes flat
How do Multifamily experts consistently double investor money in 5 years? Well, their big secret is that they know how to pick the right city and the right neighborhood at the right time. And now, it’s time for you to learn how to do that, for your investments.
Acclaimed Multifamily expert Neal Bawa’s Location Magic Workshop is series of high-speed web demos that will convert anyone that follows the simple steps into an expert on ANY city or ANY neighborhood in the U.S., in just 60 minutes. Follow along on a mobile device or just watch as Neal takes you on a fascinating and eye-opening map-driven journey through the U.S. You will learn how to use critical metrics like Household income, Poverty level, Unemployment levels to select cities and neighborhoods, in a graphical, simple to use way. You will watch in amazement as Neal shows you the path of progress as it flows like a river through a city. All this using free tools that anyone can access without a subscription.

Website: https://www.grocapitus.com/

Date: Tuesday, September 24th, 6 PM
Location: Location: Grid.Works | ABI Multifamily
5227 North 7th Street, Phoenix, AZ 85014

(Overflow Parking at "Humanities and Sciences High School" adjacent to building)

Networking & Registration: 6-6:30 PM
Speaking Panel: 6:30- 7:45 PM
Continued Networking: 7:45 PM – 9 PM