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A 241 Unit Multifamily Passive Investment Opportunity

QRP, Solo 401(k), SD-IRA

506(c) for Accredited Investors Only

 

Deal at a Glance

22-24%

Target Internal

Rate of Return

25-27%

Target Cash on

Cash Return

2.2x

Target Equity

Multiple

8.0%

Preferred

Return

5 Year

Holding Period

$18.4M

Project

Capitalization

$50k

Min Investment

Property Info & Amenities

1 / 2 / 3 Bed Units

2 Pools

 Dog Park

Picnic Areas

Terraces at 2602 is a beautiful apartment community with lush landscaping. Located in Texas City, just 40min south of downtown Houston, the property has lovely views of the family friendly Godard Park.

The community includes 2 sparkling blue pools to cool off during hot, Texas summers as well as an outdoor dog park, on-site laundry facilities and reserved parking. Quaint benches, cedar pergolas, and picnic areas can be found in the cheery courtyards of this garden property.

 

The well-appointed apartment interiors bring style and grace to each of the units. Welcomed by the spacious living rooms, with new flooring and light fixtures, the apartments are immediately warm and feel like home. New appliances and countertops in the kitchens invite residents to create something fun for dinner. The upgraded bedrooms and bathrooms round out the units with new carpeting, bathroom vanities, sparkling white tubs and ceiling fans for comfort. 

 

Learn More Here

Click 'Register Now to Invest' to access exclusive offering memorandum, investor webinar and subscription agreement to invest in the Terraces opportunity.
Note: This is a 506(c) opportunity for Accredited Investors Only.