The Hub Apartments
Arlington, TX
The Hub Apartments Overview
PURCHASE PRICE
$16,900,000
PURCHASE YEAR
Nov 2022
EQUITY REQUIRED
$ 6,600,000
PRICE / UNIT
$ 82,843
MIN. INVESTMENT
$ 50,000
PROJECTED AVG. COC
7-8 %
Why Choose This Investment
- Highlight Unique Benefits
- Build Trust and Credibility
- Explain Potential Returns
- Address Investor Concerns
- Fixed Debt
- Showcase Market Demand
Projected Investor Return
70%
Limited Partner Split
30%
General Partner Split
6.5%
Purchase Cap Rate
6.0%
Exit Cap Rate
22-23%
Annualized Return
7%
Hurdle / Pref Return
7-8%
Avg. Cash Flow
2.1 X
Equity Multiple
Why Invest in The Hub Apartments
Strong need for workforce housing
Strong Market & Sub-Market
Miami ranked #5 in Forbes’s Cities of the Future and secured the #10 ranking for highest forecasted multifamily rent growth. It's also recognized as the 2nd Fastest Growing city in the nation.
Exceptional Buy Basis with Assumable Loan
Our purchase price on this property is around $82K per door, which is about 32% below the $120K per door average sale price for this submarket. It includes an existing Fannie Mae loan at a fixed rate of 3.78%, maturing in 2032.
Proven Sponsorship Team
Dedicated sponsor team with vested interest, substantial liquidity, and extensive experience as GP, KP, and LP. Local seasoned property manager specializing in similar assets to ensure successful execution of the business plan.
Maximized Investment Potential
We are implementing a proven value-add strategy: upgrading interiors and exteriors, with incremental rent increases to follow.
Prime Location Minutes from Major Employers
Minutes from HEB Distribution Center, Frito Lay, Amazon, Caterpillar, Pepsi, and other major employers.
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NEXT STEPS
This opportunity is available to both accredited and sophisticated investors.
Review and complete the offering documents The offering documents contain pertinent documents such as the PPM and Subscription Agreement
Sponsors to review and accept your offering documents.
Wire investment within five (5) business days Investment slots will be offered by priority to those who submit their documents and wire their investment first
IRA Funds are accepted. This may require converting your IRA to a self-directed IRA. Contact us for more information.