The Power of Multi-Family
Residential Investing
Current Project:
The Grove
We’re officially under contract for our next deal: The Grove Victoria, a 288-unit community located in Victoria, Texas.
The Opportunity: We have the ability to acquire this property at a significant discount due to a distressed seller situation. The current owners have invested approximately $25M into the property, but we’re acquiring it for $16.95M—a basis under $59,000 per door. We have the opportunity to help another investor out of the deal, upgrade the living situation for all tenants, and provide a solid return for our investors. We see this as a win-win-win.
Want the full details?
Watch our webinar recording as we walk through the complete business plan and reveal the full scope of this offering. With a strong basis in a proven local market, this opportunity is rare and hard to replicate
in today’s environment.
Why This Property Stands Out:
The property is currently 92% leased, presenting clear opportunities to increase rental income through strategic upgrades and reduce costs through more efficient management practices.
$4.4M planned renovations to upgrade the property from C to B+ quality.
Multiple surrounding assets under management, enabling operational efficiencies.
Projected Returns:
70/30 Split ($100k minimum): 22.83% IRR, 2.25x Equity Multiple, 25% Average Annual Return
80/20 Split ($250k minimum): 26.34% IRR, 2.52x Equity Multiple, 30% Average Annual Return
Cost segregation could provide 70–80% tax write-offs in the first year.
Planned refinance in Year 3 expected to return most of initial investment capital.
Steps to subscribe to this investment:
If you are a new investor with us, create an account in our portal here
Read and sign investment documents
Communicate Funding Intent and Value
Wire Funds