Current Opportunities

PORTOFINO CLUB - 230 UNITS - JACKSONVILLE, FL

- 8% preferred return, 17.49% IRR

- B-class asset being purchased $8.3M below guidance

- Assumable debt at 49% LTV and 4.99%

- Current rents $292 below market

- 5 Year hold

SUMMIT POINT - 100 UNITS - KANSAS CITY, MO

- 16%+ IRR, 9%+ Avg Cash on Cash

- Attractive assumable debt at 2.94%

- Value add with $250/unit rent upside

- 50% Investor capital return on Year 3

- 5 Year hold