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Investment offers GP promote participation and the potential for Opportunity Zone tax benefits
Terms
Min. Investment$25,000
Target IRR10%
Target Return10%
Property TypeMultifamily
Target Hold Period10 years
Target Cash Yield3.9%
Target Raise$25,000,000,000
Close DateTBD
Benzinga's Take
For the past five years, the city of Charlottesville has outperformed many other metropolitan areas in the state, mostly attributed to the current 2.6% unemployment rate and consistent year-over-year non-farm payroll growth. The University of Virginia, the #3 Public University in the US, has 42,700 students, faculty, and staff, and serves as the recession resistant backbone to the region.SUBSCRIBE TO BENZINGA ALT RATINGS
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What is the target raise?
Target raise is $25,000,000,000
What is the target cash yield?
Target cash yield is 3.9%
What is the minimum investment amount?
Min. investment is $25,000
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