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THE LANDING AT PINEWOOD PARK

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

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​• 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

Projected Returns:

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.