MAVERICK

Wichita Falls, TX

CLOSING DATE

SEP 2022

FUNDED

0%

REMAINING

$5.4 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

ACQUISITION

PROJECT

116

UNITS

1974

YEAR BUILT

5 YEARS

HOLD PERIOD

SEP 2022

CLOSE DATE

24 MONTHS

CAPEX/BUILD DURATION

YEAR 2

REFI YEAR

4.50%

ENTRY CAP RATE

5.50%

EXIT CAP RATE

$5.4 MM

EQUITY

$8.4 MM

DEBT

$13.8 MM

TOTAL COST

$118 K

COST/UNIT

7.25% | 67%

INT RATE | LTC

19% - 23%

TARGET IRR

2.0x

EQUITY MULTIPLE

$3 MM

REFI PROCEEDS

$6.5 MM

SALE PROCEEDS

$50,000

MINIMUM INVESTMENT

CAPITAL STRUCTURE & RETURNS

MARKET & LOCATION

1

HIGH RENT GROWTH

Through 2021 and 2022 this submarket has seen 4.5-5.5% annual rent growth

2

SECONDARY MARKET

This secondary market is fragmented with small private operators. Opening up the opportunity for us to enter the market and have a competitive advantage as we renovate and lease up this community.

3

STRONG EMPLOYMENT

Wichita Falls is built on a solid foundation in the manufacturing, aerospace and aviation sectors. This market holds strong with 3.4% unemployment.

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