AUSTIN

AUSTIN, TX

CLOSING DATE

DEC 2022

FUNDED

50%

REMAINING

$9.6 MM

If you would like to participate, follow the link below and we will get back to you, or you can reach out to any member of our team

PROJECT & TIMING

MULTIFAMILY

PROPERTY TYPE

DEVELOPMENT

PROJECT

192

UNITS

2024

YEAR BUILT

5 YEARS

HOLD PERIOD

DEC 2022

CLOSE DATE

20 MONTHS

CAPEX/BUILD DURATION

YEAR 2

REFI YEAR

3.75%

ENTRY CAP RATE

4.00%

EXIT CAP RATE

$19.2 MM

EQUITY

$36.7 MM

DEBT

$54.8 MM

TOTAL COST

$285 k

COST/UNIT

2.00% | 65%

INT RATE | LTC

17% - 21%

TARGET IRR

2.1x

EQUITY MULTIPLE

$8.1 MM

REFI PROCEEDS

$39 MM

SALE PROCEEDS

$50,000

MINIMUM INVESTMENT

CAPITAL STRUCTURE & RETURNS

MARKET & LOCATION

1

LOW VACANCY

Strong occupancy with a low sub market vacancy of 6%

2

HIGH RENT GROWTH

In 2022 rents have grown by 14%

3

STRONG JOB GROWTH

Employment grew by 6.6% in 2021

ARE YOU AN ACCREDITED INVESTOR?

Join our growing investor community today if you are interested to learn more and participate in our friends and family investments. 

As a friends and family investment, Helu Capital is in the process of raising capital for this offering. Please feel free to reach out with any questions.
Taylor Bassett
(916) 740-9771

CONTACT US