THE LANDING AT PINEWOOD PARK
(Please fill out the soft reserve form below, to save your spot.)
• Located in growing, Lubbock, Texas
• 228 Units
• Class C Asset / 1971 Vintage
• $100,000 minimum investment
$1,200,000 maximum investment
First-come, first-served basis
• Projected 5-yr hold
• 8.8% Average Cash-on-Cash, Preferred return
• 100% Projected Return of Capital after yr-3
• 2.04x Equity Multiple
• 17.1% IRR
• 20.9% AAR
• Open to funding : March 23, 2021
• PPM Available : March 23, 2021
• April 09 - Deadline for wiring funds (exact date TBD by the bank)
• April 15th: Projected closing date
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 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.