Driftwood Apartments

$6,000,000

Location: Corpus Christi, TX

101
C
Active

Investment Details:
• 506C (Accredit Investors)
• Purchase Price: $6,000,000
• Min Investment: $50,000
• Asset Class: C (1948 build and renovated in 2021-2022)
• Units: 101
• 5 Year Hold

Proposed Returns:
• IRR: 15-16%
• CoC: 19%-21%
• Equity Multiple: 1.9x-2.1X

100-UNIT MOBILE HOME PARK

$3,850,000

Location: Greenville-Spartanburg, SC

100
C
Active

Investment Details:
• 506B (Sophisticated Investors)
• Purchase Price: $3,850,000
• Min Investment: $50,000
• Asset Class: C
• Units: 100
• 5 Year Hold

Proposed Returns:
• IRR: 22.29%
• CoC: 15.5%-24.69%
• Equity Multiple: 1.9x-2.4X

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