5 Oaks Apartments
(Please fill out the soft reserve form below, to save your spot.)
• 228 Units
• Class A Asset / 2008 Vintage
• Offering Size: $14,500,000
• Underwritten Hold Period: 3 Years
-
Class A Investment ($75k minimum)
-
Net IRR: 15.8%
-
Annualized: 17.7%
-
8% Preferred Return
-
Average Cash on Cash: 5.5%
-
Equity Multiple: 1.53x over 3 Years
-
Open to Accredited & Sophisticated Investors
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 a 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.
Submit Your Soft Reserve
• 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.