Current Deals

Midwest Portfolio, IN/OH

772 Units

This why we like the Midwest - a T12 cap rate over 7%, long term fixed debt at 4%, and lots of room to complete major renovations and add value to the neighborhoods we're in. Purchasing at $65k/door with rent upside to over $1000/mo.

Highlights:

• Super low leverage 49% LTC
• Projected returns 12% COC and 16% IRR
• Rents $400/mo below next level comps
• Closing January 2022

L&L Portfolio, Jacksonville, NC

This is a hidden gem - clean property with 95%+ occupancy in a growing area. Purchasing at $70k/door with rent upside to $1000/mo. Going in at a 6% cap rate on T12 and assuming low leverage fixed rate debt at 2.82%.

Highlights:

• Super low leverage 43% LTV
• Projected returns 14% COC and 16% IRR
• Rents $400/mo below next level comps
• Closing January 2022