Soft Reserve Form - Solano Apts | FortressFederation02

Solano Apartments

(Please fill out the soft reserve form below, to save your spot.)

• Located in growing, Webster, Texas

(Southeast Houston)

• 262 Units

• Class B- Asset / 1966 Vintage, 2019 Renovation

• $75,000 minimum investment

$1,200,000 maximum investment

First-come, first-served basis

• Projected 5-yr hold

Projected Returns:

• 9.8% Average Cash-on-Cash, Preferred return

• 100% Projected Return of Capital after yr-4

• 1.97x Equity Multiple

• 16.8% IRR

• 19.5% AAR

• Open to funding : June 8, 2021

• PPM Available : June 8, 2021

• June 25 - Deadline for wiring funds (We can work with you on this)

• July 13th: Projected closing date

To be considered an accredited investor you must satisfy at least 1 of the following 3 criteria:

A natural person with an income exceeding $200,000 in each of the two most recent years or joint income of $300,000.
Or a natural person who has an individual net worth, or joint net worth with the person’s spouse, that exceeds $1 million at the time of purchase, excluding their primary residence.
Or an entity with over $5M in assets, or all owners of the entity must be accredited.

• To reserve a spot in the deal, please complete the form below.

• Completing this form does not lock you in, nor does it guarantee you a spot in the deal.

• Reservations are taken on a first-come, first-served basis.

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