Houston Multifamily Equity Fund Offering 15%-17% 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.

Alternative investment platform, YieldStreet, is currently accepting investments in its Houston Multi-Family Equity I fund. The offering is for equity ownership of five multi-family apartment complexes located in southern Houston, Texas, and is expected to provide investors a targeted annualized return of 15-17%.

The Portfolio: The portfolio consists of five multi-family properties built between 1976-1983 with a total of 1,275 units. The properties were 93.5% occupied upon acquisition and have had an average occupancy of 92% over the last 12 months. 

The sponsor plans to perform full unit upgrades, which is expected to increase net operating income at the properties through rent increases. 

The five properties in the portfolio include:

• Shadowtree: 428 units built in 1979
• The Townhomes: 73 units built in 1983
• Plaza at Hobby: 328 units built in 1976
• Casa Grande: 268 units built in 1979
• Airport Crossing: 178 units built in 1984

Investment Highlights: The demand for affordable rental units in Houston remains strong as rising home prices are making homeownership less affordable for a growing number of people. According to YieldStreet, rent growth in Houston is expected to average 2.3%-2.4% annually over the next five years. 

• Minimum Investment: $10,000
• Target Annualized Returns: 15% - 17%
• Target Equity Multiple: 1.9x - 2x
• Target Annual Cash Yield: 7%
• Target Investment Term: 5 years

View Houston Multi-Family Equity I offering details 

How to Invest: Potential investors can find more information on the current multifamily portfolio offering by registering on the YieldStreet platform.

Other Current YieldStreet Offerings: YieldStreet provides access to a variety of alternative investments through its platform with new offerings being added regularly. 

Current offerings include:

• Short Term Note Series XXXVI: A six-month short-term note with a $1,000 minimum investment and a 4% annualized yield.
• Structured Notes Consumer Portfolio II: A consumer-themed portfolio of structured notes with a $15,000 minimum investment and a 10%-11% target annualized yield. 
• Diversified Art Portfolio I: A portfolio of twelve art-backed loans with a $10,000 minimum investment and a 9.5% target annualized yield. 
• Yieldstreet Prism Fund: A fixed-income investment for non-accredited investors with a $500 minimum investment and a current yield of 8%. 

View all YieldStreet offerings

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.