Candlelight Apartments
(Please fill out the soft reserve form below, to save your spot.)
• 180 Units
• Class B Asset / 1982 Vintage
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• Offering Size: $10,900,000
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• Underwritten Hold Period: 3 Years
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Class A Investment ($75k minimum)
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Net IRR: 15.8%
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Annualized: 17.8%
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8% Preferred Return
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Average Cash on Cash: 5.0%
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Equity Multiple: 1.53x over 3 Years​​
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Open to Accredited & Sophisticated Investors
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To be considered an accredited investor, you must satisfy at least 1 of the following 3 criteria:
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A natural person with an income exceeding $200,000 in each of the two most recent years or a joint income of $300,000.
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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.
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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.
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• Completing this form does not lock you in, nor does it guarantee you a spot in the deal.
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• Reservations are taken on a first-come, first-served basis.