Brownstone Apartments
Property Description
Multifamily (MF) is a residential building designed to house multiple tenants. These properties can range from small to large apartment complexes with hundreds of units. With a boom in remote work and business-friendly local governments courting employers, more affordably-priced suburban apartment communities have generally experienced stable or growing demand.
This is a 143-unit, class A apartment community in the rapidly growing Centennial Hills neighborhood of Las Vegas, NV. Sponsor sourced the 2023 build asset off-market at a compelling basis with upside potential and is acquiring it alongside an institutional partner.
PROPERTY TYPE: MULTI FAMILY
INVESTMENT STRATEGY: VALUE-ADD
CONTRACT DURATION: 3 YEARS
MINIMUM INVESTMENT: $25,000
Location
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$25,000.00 USD
Per square feet amountAvailable: 22 Square Feet
38 Square Feet |
$950,000.00 USD
(63.33%)
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Investment Type
Onetime
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Profit
10%
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Profit Schedule
Repeat (Monthly)
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Profit Repeat
36 Times
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Capital Back
Yes
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Profit Return
After Investment Completion
Real Estate Investor
faran schmid
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