Own part of the premier multi-family offering to hit the market – Jackson Place
If you are an accredited investor and seek the financial freedom to live the life you want, this is your opportunity.
Jackson Place is a 2016, 288 unit Class A multi-family property in Pharr, Texas. Pharr is in the Rio Grande Valley, described by Texas Governor Greg Abbott as ‘the fastest growing region of all regions across the state of Texas. (The RGV) truly is the epicenter of the booming Texas economy.’ Our partner in Jackson Place is Homero Cabello Jnr. Homer effectively runs the multi-family program for the State of Texas, and oversees 300,000 doors in his role as the Deputy Executive Director of the Texas Housing Finance Agency.
Jackson Place is a beautiful property that was developed by the Pharr Housing Finance Corporation to provide domiciles for certain demographic groups in the city. In return for the provision of this accommodation, we are the beneficiaries of a high-LTV, low interest rate credit loan, and an exemption from property tax for the projected period of your exposure as an investor. With a conservative underwriting, you are projected to receive the following base case returns (based upon a cash-out refinance after 5 years and a sale of the project after 10 years):
25.60%
AAR
10.75%
AVERAGE CASH ON CASH RETURN
3.56
EQUITY MULTIPLE
Don’t miss out on your chance to accelerate your financial freedom. To learn more about Jackson Place and to reserve your place on our investor list, click here.
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