AVONDALE COMMONS APARTMENTS
VIEW THE INVESTOR PRESENTATION
The Company is raising an estimated $27,000,000 in equity capital to develop and construct a new 324-unit multifamily project. The Company is offering investors Class A-1 and Class A-2 which collectively will represent 70% ownership in the project. The minimum investment for either class is $75,000.
Class A-1 units are closed and fully subscribed. Class A-1 units are limited to $5,000,000. These units are offered to those who fund their investment by May 10, 2021. Class A-1 units receive an automatic 10% discount on their investment ($100,000 investment turns into $110,000 worth of ownership). Class A-1 units also receive an 8% preferred return starting at the completion of construction.
Class A-2 units is currently limited to $22,000,000. These units are offered to those who fund their investment by July 31, 2022. Class A-2 units receive an 8% preferred return starting at certificate of occupancy.
The sponsors are planning on investing a minimum of $2,000,000 or roughly 7.5% of all equity to be raised.
This investment is for accredited investors only, but is open to self-directed IRA’s, 401(k)’s, and 1031 exchanges.
WANT TO LEARN MORE ABOUT THIS PROJECT?
“The area is in the growth stage of its life cycle. Residents are attracted to the area for a variety of reasons, particularly the area’s affordability compared to the more centralized locations within the Phoenix Metro. Given the history of the area and the growth trends, it is anticipated that property values will continue to increase in the near future.”
– Newmark Knight Frank
- 12.5 Acres
- 292 Stacked Flat Units and 32 Townhome Style
- 4 Stories High
- Land Price: $8.1M
- Suburban High Growth
This material does not constitute an offer or a solicitation to purchase securities. An offer can only be made by the Private Placement Memorandum (PPM). The PPM and its exhibits contain complete information about the Property and the investment opportunity.
This presentation is an informational summary of the prospective investment opportunity only.
All numbers shown are estimates and subject to change as we negotiate with contractors to reduce costs, the architect to add units, and make improvements where possible.
The information contained herein is not a substitute for an investor’s complete review of all of the information attached to the PPM as part of their own due diligence regarding this investment opportunity and its suitability for their investment portfolio.