New Multifamily Investment Offering With 21.2% Target Returns

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

The real estate investment platform CrowdStreet has launched its newest offering for Patterson Court Apartments, a vintage property located in Orlando, Florida. The deal sponsor expects a target annualized return of 21.2% for investors.

Latest Offering: The property, currently known as Patterson Court, is a 2008-vintage property with 384 luxury apartment units located directly across the street from the entrance to Walt Disney Co’s DIS Disney World.

The property is currently 100% leased to Disney under a triple net master lease through April 2023 for use as housing for the Disney College Program.

Investment Highlights: The Patterson Court Apartments will be repositioned at the end of the current master lease and units will be leased directly to residents. The lease with Disney is below market rent, so this repositioning will provide significant upside potential.

The remaining 18 months of revenue from the master lease will provide the sponsor with time to prepare for and begin renovations to the property.

• Minimum Investment: $25,000
• Targeted Investor IRR: 21.2%
• Targeted Equity Multiple: 2.1x
• Targeted Average Cash Yield: 8%
• Targeted Investment Period: 4 years

View offering on CrowdStreet.

Deal Sponsor: Trion Properties is an equity investment company that purchases strategic real estate investments needing moderate and heavy restoration. Since its inception in 2005, Trion has generated an average internal rate of return in excess of 30%.

How to Invest: Accredited investors can sign up on the CrowdStreet platform to review the full details of the Patterson Court Apartments offering as well as other current multifamily and commercial real estate offerings.

Want To Be The First To Know About New Investment Opportunities? Gain access to the same investment offerings on which institutions and billionaire investors are earning 20%-30% or higher annual returns.

While real estate crowdfunding is giving individual investors access to private deals that have historically been out of reach, many of the most lucrative deals are fully funded before the average investor ever has a chance to get involved.

Sign up here for free alerts to find out about new offerings before they go live.

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.