HORIZON APARTMENTS
204-Unit Apartment Community | San Antonio, TX
Open For Accredited Investors Only
Class C
Investment Type
22-23%
Annualize Return
HORIZON APARTMENTS Overview
PURCHASE PRICE
$16,900,000
EQUITY REQUIRED
$ 6,600,000
PRICE / UNIT
$ 82,843
PRICE /SQFT
$ 95.19
EQUITY MULTIPLE
2.11 X
PROJECTED AVG. COC
7-8 %
HOLD PERIOD
5 Years
MIN. INVESTMENT
$ 50,000
The Deal is a 506 B only open to established relationships?
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 NORTHEAST SAN ANTONIO
Strong need for workforce housing
Strong Market & Sub-Market
San Antonio ranked #8 in Forbes’s Cities of the Future, and brought in the #18 ranking for highest forecasted multifamily rent growth. It’s ranked 3rd Fastest Growing city in the nation.
Exceptional Buy Basis with Assumable Loan
Our purchase price on this property is ~82K/door (~32% below the $120K/door average sale price for this submarket) and existing Fannie Mae loan @ 3.78% fixed rate and 2032 maturity date.
Experienced Sponsorship Team
Strong sponsor team with skin in the game, ample liquidity, and experience as a GP, KP, and LP. Seasoned property manager based locally specializing in similar assets to execute business plan.
Value Add Opportunity
We will be utilizing a classic value add model; upgrading interiors and exterior with small rent bumps to follow.
Within Minutes of Major Employers
HEB Distribution Center, Frito Lay, Amazon, Caterpillar, Pepsi and others.
invest with US
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.
IMPORTANT FAQs
We specialize in multifamily real estate properties that generate stable, long-term income. Our focus is on properties that meet our rigorous standards for quality and potential for appreciation.
Our investment opportunities are available to accredited and sophisticated investors as defined by the Securities and Exchange Commission (SEC). This includes individuals who meet specific income or net worth criteria.
The minimum investment amount varies depending on the specific opportunity. Please contact us for details on current offerings.
We provide regular updates, including quarterly reports, financial statements, and market analyses. You can also contact our team at any time for additional information.
We take several measures to ensure the security of your investment, including thorough due diligence, robust property management, and regular financial audits. Our team is dedicated to protecting and growing your investment.
To get started, simply contact us to discuss your investment goals and review our current offerings. We will guide you through the process and help you find the best investment opportunities to meet your needs.