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Details - Information last confirmed on June 10, 2021
Where is the investment located? : Orlando, FL (Winter Garden, FL)
Minimum investment: $100,000
Total raise : $31.774mil
Projected returns: 16%-36.6% Annualized.
Additional benefits of investing:
- Cost segregation done to increase tax benefits of accelerated depreciation.
– monthly cash flow
- forced appreciation with under-market rents in a strong, growing submarket of the Orlando MSA
If there is a hold on the investment, how long? : 5 year hold
If there is an exit strategy, when? : We plan to either refinance it in years 2-3 which is not considered in
the underwriting which will increase the overall returns OR sell it in years 3-4-5 depending on market
What makes you investment unique and will stand out from the other investments out there?
This is a strong, stable asset with a rapidly expanding sub-market within the Orlando, FL MSA with a
22.5% annual growth rate for the last 10 years with a solid growth rate in the future to continue to
meet the demand for apartments in this sub-market
The demand for apartments in the Orlando MSA is very strong and in order to meet the demand the
Orlando MSA needs 9k more apartment annually for the next 20 years in order to maintain it’s current
Additional highlights and sales points:
This property is being purchased direct from the developer as a “merchant build” which means the
builder leased it up as fast as possible with under-market rents. The current rents are 15-18% below
the market rents based on the competitor properties. This will allow us to capture this rent increase
upon acquisition. The demand in this market is strong as this property leased up in about 12 months
where normally it would take this size property to lease up in 18-24 months.
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