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Candlelight Apartments

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


• 180 Units


• Class B Asset / 1982 Vintage

• Offering Size: $10,900,000

• Underwritten Hold Period: 3 Years

  •     Class A Investment ($75k minimum)

    • Net IRR: 15.8%

    • Annualized: 17.8%

    • 8% Preferred Return

    • Average Cash on Cash: 5.0%

    • 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.

Madison Anchor
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