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Experienced regional sponsor with exceptional track record is seeking $3M syndicated investment partner to acquire a 100% ownership interest in a 62-unit, garden style apartment complex.
The current ownership has completed down-to-the-studs renovations on all units, featuring stainless appliances, granite counters, upgraded plumbing and lighting fixtures, with plank flooring throughout. Value-add potential to augment revenue through exterior improvement, implementation of internet/cable contract, offering reserved & covered parking, addition of private yards for select units, smart unit conversions, and professional-grade property management.
Asset is located in a high growth submarket minutes from 700-acres of masterplanned development, conveniently located to downtown.
$3M Syndicated JV Equity
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