A 268 Unit Multifamily Asset
Class B, Value- Add Investment Opportunity
DAWSON FOREST
18-22% IRR | 95% Occupancy
Check out my recent walkthrough of Dawson Forest 👇🏽
A 268 Unit Multifamily Asset
Class B, Value-Add Investment Opportunity
DAWSON FOREST
18-22% IRR | 95% Occupancy
We are excited to announce our latest opportunity - another solid value add Multifamily investment opportunity in one of our favorite markets - one hour north of downtown Atlanta, in Dawson County!
WHY WE LOVE THIS DEAL?
Market Highlights:
- Dawson Forest is a 268-unit value-add asset located one hour North of downtown Atlanta positioned in the "path of progress" from Atlanta to Alpharetta . Situated directly across from the North Georgia Premium Outlets with "high-end retail" such as Kate Spade, Gucci, West Elm, and Pottery Barn. Market growth is driven by an influx of jobs from Fortune 500 companies like Google, Microsoft, and JP Morgan.
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Dawson Forest is conveniently located in Dawson County - one of the two fastest-growing counties among Georgia's 150 total counties and ranks fifth on the list of the 3,000 fastest-growing counties in the U.S. The population grew by 5.8% year-over-year from 2020 to 2021. The population growth has created a notable supply/demand imbalance favoring property owners. Only four other multifamily properties are in the area. All of which are new Class-A properties, developed since 2018. These properties boast significantly higher monthly rents, positioning Dawson Forest as the more affordable option.
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Dawson Forest is strategically zoned for esteemed schools: Robinson Elementary, Dawson County Middle, and Dawson County High, boasting an impressive "8/10" rating.
Investment Highlights:
- GW Capital and Partners own various properties in the Atlanta area, providing an operational economy of scale, including an opportunity to exit to an institutional investor at a high price.
- This asset has tremendous value-add potential with a business plan of upgrades on 68% of units.
- This comprehensive strategy is projected to yield a substantial increase in Net Operating Income (NOI), estimating a growth of approximately 45% over a 5-year holding period.
- This, coupled with a below market average rents, has the potential to provide extremely attractive returns to our investors.
- This property is already cash-flowing and has a 95% occupancy, making it a stable investment opportunity.
CATALYST FOR ATLANTA'S GROWTH
*For Accredited Investors*
Three-Tiered Equity Structure
Allows Investors to Match Investment Goals
A three-tiered return structure gives investors options when placing their equity. Investors have the ability to invest in either tiers of equity Class A, Class B, Reserve Class or a combination of Class A and Class B. Diversifying in both A and B classes allows for a risk adjusted, blended returns.
DISTRIBUTION SPECIFICS:
In the event that cash on hand is generated from sale or refinance, this is the order of distribution:
- payment of all loans, unpaid Cumulative preferred returns to investors, return of all Capital Contribution (initial investment) to investors
- Only then will sponsor catch up be paid out (sponsor share of cash flow) This ensures higher investor cash flow upfront as opposed to having a true split of cash flow to sponsor
- Profit upon Sale is then split 70/30 for Class B and 80/20 for Class A till 15% IRR is reached after which additional profits are split 50/50
Dawson Forest, SOFT COMMIT - LOCK IN YOUR SPOT
* This is a Rule 506(c) offering for Accredited Investors Only
Timeline
Soft Commit deadline - March 28th.
Funding deadline - April 1st.
Expected Closing date - April 26th.
*DEFINITION OF ACCREDITED INVESTOR (PLACE HOLDER)
You qualify as an Accredited Investor if you meet any of the following criteria:
a) You earn over $200,000 in annual income,
b) You, together with your spouse earn over $300,000 in joint annual income,
c) You have a net worth, exceeding $1,000,000 (excluding the value of primary residence) individually or together with spouse.
GOT QUESTIONS?
If you have any questions please feel free to message us at [email protected] or if would like to talk to us about how this asset would fit into your portfolio and goals, feel free to reach out to schedule a call:
Book a Call with Param
