Under Contract
Aspen Alcove Senior Assisted Living
Elizabethtown & Bardstown, Kentucky
Asset Type: Assisted Living & Memory Care
Units: 84
Highlight: Day 1 cash-flowing, 95% occupancy (3+ years), 30% below market rent.
Business Plan: Rebrand, marketing, operational efficiency, rent optimization, leverage new technology.
Projected Returns
Equity Multiple: 2.2 - 2.4x
IRR: 19 - 22%
COC: 11-13%
Hold Period: 5 years*
Numbers are projections. Returns are not guaranteed. Hold period may be longer or shorter, depending on market conditions.
Under Contract
Cedar Wood Apartments
Alvin, TX (Houston MSA)
Asset Type: Multifamily
Units: 46 (50% renovated)
Highlight: Turnkey day 1 cash-flowing, 100% occupancy, high-growth Houston MSA, 85% two/three bedrooms.
Business Plan: Light renovations, operational efficiencies, additional income streams, and rent optimization.
Projected Returns:
Equity Multiple: 2.3 - 2.4x
IRR: 20-21%
COC: 7.8-7.9%
Hold Period: 5 years*
Asset Under Management
Crossroads Apartments
Franklin, Texas
Asset Type: Multifamily
Units: 36
Highlight: 96% occupancy, strong cash flow, value-add strategy on-track.
Equity Raised: $1.1M