Min. Investment$50,000
Target IRR15%
Offered By
Picheny acquires, owns, and operates multifamily apartment buildings in promising areas in order to provide otherwise unobtainable real estate investments with reduced risk to our clients.
Through the aggregation of investor capital, we reposition underperforming assets, enhancing the lives of residents and investors by revitalizing and elevating multifamily communities.
Investor Types
Single asset, Funds
Min. Investment
$50,000
Property Types Available
Multifamily
Available To
accredited-investors
Do you think Texas 3-Pack is a good investment?
YES
NO
The Texas 3 Pack portfolio investment boasts premium assets located in highly sought-after areas for commercial real estate investment across the nation. Although the portfolio was initially listed in 2022 for $135M+ we are under contract for $111M and have been able to negotiate a highly advantageous off-market purchase price due to the sellers' urgency to sell. This reduction in the purchase price not only decreases investor risk but also offers immense potential for increased investor returns.
Terms
Min. Investment$50,000
Target IRR15%
Target Return15%
Property TypeMultifamily
Target Hold Period7 - 7 years
Target Cash Yield8%
Close DateTBD
Benzinga's Take
The sponsor's proven value-add investment strategy has created impressive value for its investors while revitalizing and elevating communities.SUBSCRIBE TO BENZINGA ALT RATINGS
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Offering Disclosure
Benzinga Money is a reader-supported publication. We may earn a commission from the advertisers. Read our Advertiser Discloser. The information contained herein is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities or ownership interests. Fractional ownership in real estate involves purchasing a percentage share of a property rather than owning the entire property outright. This type of investment carries risks, including but not limited to market volatility, lack of liquidity, and potential loss of capital.
What is the target cash yield?
Target cash yield is 8%
What is the minimum investment amount?
Min. investment is $50,000
More Offerings
Min. Investment$75,000
Target IRR19%