ASSET MANAGEMENT

4714 Crosswind Ct
Melbourne, FL 32904

Partnership Opportunity

Equity’s goal is to place your properties in the best financial position and direction possible to add the most value of our assets while still meeting your goals and objectives. Our asset management services combine real estate knowledge and leasing expertise with quality reporting, accounting, and management services.

We are investing our family's capital in this opportunity.

 

Completed in 2003, the property features a two-story, concrete block design with direct access units. The property features some of the largest floorplans in the submarket at 1,154 square feet on average.

 

Princeton Parc’s location within West Melbourne is a magnet for employees working in the growing aerospace and tech space. The property is less than one mile from I-95 and provides a short commute to the area’s largest employers including Health First, Harris Corporation, Northrop Grumman, Lockheed Martin and Patrick Air Force Base.

7% - $100-249k

8% - $250-499k

9% - $500k +

Annual Preferred Returns

Quarterly Direct Depost Distributions

PPM's Due:

November 22, 2019

Funds Due:
December 2, 2019

Closing Date:

December 12, 2019

1.89x Equity Multiple

17.5% Average Annual Return

15% IRR

5-Year Hold

$100k Minimum Investments

(Lesser investments will be considered on a case by case basis)

Total Raise: $14M

IRA & 401k Welcome

First Commitments

preferred returns

timelines

projected returns

minimum investment

Property Walk Thru
Property Drive Thru
Investor Webinar
Investment Highlights

What We Like About This Project

  • Strong in-place proven $175 delta in rental premium (30% of the units have been upgraded achieving market value) 

  • Mid 2000's vintage

  • Largest floorplans in the submarket at  >1100 square feet

  • Located within a corridor with rapid technology and aerospace growth 

  • Low density property per acreage: 10 units per acre

  • Average home price is ~$200K

  • Average household income is ~60k

  • New renovations to dog parks, outdoor kitchen, 24-hour fitness center, 24-hour business amenity access, fresh asphalt and parking stripes and new roofs

  • Fits our model with comparable returns to previous projects.

Investors

The SEC will only allow us to share commercial investment opportunities with people who meet two criteria:

 

  1. You demonstrate sophisticated investing knowledge.

  2. You and I have a pre-existing relationship.

What kind of investor am I?

  • Sophisticated Investor

  • Accredited Investor

What is a Sophisticated Investor?

A Sophisticated Investor is one that has sufficient investing experience and an understanding of the risks and benifits of investing in general.

Who is an accredited investor?

 

An Accredited Investor includes anyone who:

  • Earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year,

    -OR-
     

  • Has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence). 

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