MESQUITE

MESQUITE, TX

CLOSING DATE

FEB 2023

FUNDED

0%

REMAINING

$14.5 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

182

UNITS

2024

YEAR BUILT

5 YEARS

HOLD PERIOD

FEB 2023

CLOSE DATE

15 MONTHS

CAPEX/BUILD DURATION

YEAR 2

REFI YEAR

4.25%

ENTRY CAP RATE

4.25%

EXIT CAP RATE

$14.5 MM

EQUITY

$27.1 MM

DEBT

$41.6 MM

TOTAL COST

$228 k

COST/UNIT

2.00% | 65%

INT RATE | LTC

17% - 21%

TARGET IRR

2.0x

EQUITY MULTIPLE

$13 MM

REFI PROCEEDS

$22.5 MM

SALE PROCEEDS

$50,000

MINIMUM INVESTMENT

CAPITAL STRUCTURE & RETURNS

MARKET & LOCATION

1

LOW VACANCY

Strong occupancy with a low sub market vacancy of 4.5%

2

HIGH RENT GROWTH

In 2022 rents have grown by 10%

3

STRONG JOB GROWTH

Projected 4% annual job growth over the next 10 years

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