See Our Remarkable Track Record On The Last 6 Deals

You may have heard of active investors/syndicators making millions by investing in multifamily apartments. However, it's rare to hear about passive investors becoming millionaires. Achieve Investment Group sold?50%?of its assets in 2022, and the results were impressive. It led to the creation of?6 passive investor millionaires.?The investors were spread out across Texas, with two from Houston, one from Austin, and three from San Antonio. They chose Achieve Investment Group as their primary operator and invested heavily. Initially, many of them tried diversifying, but after two years, they realized that it was better to invest with a few?"alpha"?operators rather than diversify.

#Sale1

The first sale was the?Villas at Mueller Apartment in Austin, TX,?which yielded a total return of?67% within three years, or a 22.3% per year return.?Despite the challenges posed by COVID and the City of Austin Eviction Moratorium, the property was a success.

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The second sale was the?Brooks Townhomes Apartment in San Antonio, TX,?which generated a total return of?2.72x equity multiple within 3.5 years, or around 50% per annum cash on cash return?for the passive investors. That means if you invested?$100K,?you would have received?$272K after 3.5 years.

#Sale3

The?Alamo Park Apartments in San Antonio, TX,?were hit hard during the Texas Winter Storm URI in Feb 2021. The property suffered significant damage, including the largest claim of Insurance loss in the entire state of Texas. However, despite these challenges, Achieve Properties worked tirelessly to repair multiple pipe bursts across multiple buildings to ensure that water services were not disrupted. The result was a successful sale that generated a?2.48x equity multiple returns?within four years or approximately?37% per annum cash on cash return?for the passive investors.

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The?SOL Apartments in San Antonio, TX,?was a creative deal that solved a parking problem that had existed for the past 60 years. Achieve Investment Group combined an apartment and land beside it to create one plot of land. The result was a successful sale that generated?2.55x equity multiple returns within 4.5 years or approximately 34% per annum cash on cash return?for the passive investors.

#Sale5

The?Boston Woods Apartment in San Antonio, TX,?was the company's "Deep Value Add" graduation project. The property yielded an equity multiple of?3.02x return in 5 years for Achieve's passive investors or about 60% per annum cash on cash.?This was a lesson in direct marketing to sellers as it took almost 8 months to close. However, the company's investment of 1.5M in rehab costs created 6M in value within 12 months. Some investors even cried when they received the refinance proceeds as it felt like money out of thin air.

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Finally,?Our last sale of 2022 was at Villa De Oro Apartments in San Antonio, which generated an impressive equity multiple of?2.07x return for Achieve's passive investors. That's a whopping 27% per annum cash on cash!

These sales were a testament to Achieve Investment Group's commitment to creating value for its investors. The company's ability to overcome challenges and turn properties into profitable investments is why passive investors continue to invest with Achieve Investment Group.

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