This is NOT a Pretty Property - That's the Whole Point

This is NOT a Pretty Property - That's the Whole Point

In the world of real estate investing, sometimes the most unassuming properties hold the greatest potential. Such is the case with our latest find: a property that looks like it's straight out of the 1980s, inside and out, complete with a vibrant exterior that's charming yet far from modern. But don't let that deter you—this property is on the brink of a transformative journey.

The Transformation Begins

Blue Vikings Capital is partnering with the lead sponsors, Upside Capital, on this amazing project. Upside Capital is poised to bring their extensive Californian construction expertise to the heart of Texas. They possess a sterling track record of rejuvenating properties that many would overlook. The plan? To revamp this classic structure into a contemporary, eye-catching residence that will stand out in the market.

Before and After: A Visual Journey

For a taste of what's to come, take a moment to peruse the before and after photos of Upside Capital's previous projects. These visuals chronicle the remarkable metamorphoses from dated to dazzling—a clear testament to the team's capabilities.

The Math Behind the Magic

The secret to why these projects offer such high returns to investors is simple: strategic improvements. These enhancements cost significantly less than the surge in property value they produce. It's not just a facelift; it's a calculated upgrade that boosts both aesthetics and net worth. The purchase price on this 224 Unit complex is $15.85M. Renovations will cost $3M. The increased rent that an upgraded property like this will command, plus regular appreciation, means the projected sale price in 5 years is $32M!

Accessible Investment, Exceptional Returns

Investing in this venture doesn't require a seven-figure bank statement. With an entry point of $50,000, you can claim ownership in this promising apartment complex. It's a chance to diversify your portfolio and participate in a potentially lucrative market segment.

The Promise of Performance

Consider the performance indicators that define the promise of this investment:

  • Year-Over-Year Rent Growth: An impressive 13.60%
  • Occupancy Rate: Averaging 95%, a testament to the robust demand in the area.

And when it comes to maximizing returns, there's strength in numbers. By pooling our investments into a Fund, we wield the ability to write a heftier check to the lead sponsor, securing not only a piece of the action but also enhanced returns due to our collective bargaining power. For this project, we've negotiated formidable returns for our Fund:

·???????? 2.3X Equity Multiple

·???????? 25.7% Average Annualized Return (AAP)

·???????? 7.8% Average Annual Cashflow

·???????? 19% Internal Rate of Return (IRR)

Why This Investment?

Let's break down the allure:

  • Location: Just north of Dallas Love Field Airport and within arm's reach of I-35.
  • Economic Catalysts: Proximity to major job hubs, shopping, and medical districts.
  • Tenant Base: Strong, with average household incomes over $96,000.
  • Market Strength: Dallas enjoys robust population growth without the pitfalls of overbuilding.
  • Killer Price: Purchasing at $71K/Door, cheapest comp was $85K/Door

With a projected five-year hold and a strategy that aims to more than double your investment, the opportunity speaks for itself.

Join the Journey

If the idea of partnering in on this transformative project appeals to you, let’s discuss how you can invest alongside me to make a positive change to this community.

Message me directly or go to my website www.BlueVikingsCapital.com for more information.

Charles Dunbar ??

Helps Real Estate Investors Maximize Profits via Seller Financing, Note Investing & Private Money

7 个月

It's amazing how hidden gems can be found in unexpected places. This property sounds like a diamond in the rough. Can't wait to see its transformation unfold. #excitingjourney ??

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