|| Direct Assets, Real Property Interests
|| Asking Price
|| USD $6.2M Offer (minimum subscription USD$20,000)
A direct co-investment opportunity sponsored by an Australian Stock Exchange (ASX) listed Fund in a 240 unit A-class multifamily apartment built in 2004.
The syndicate is targeting to a raise of USD$6.2M to provide an equity controlling interest of 65.2% (after establishment costs). Targeted five-year
average annual return is 8.4% before management fees and semi-annual operating costs.
The property is located within the long-established Raleigh-Durham “Research Triangle” market (leading Universities, Hospitals & Financial District)
which is experiencing strong labour force growth. Divestment and return of capital is expected after 5 years.
Open only to:
- QIBs (Qualified Institutional Buyer) - Entity with >USD$100M
- Qualified Purchasers - Liquid net worth >USD$5M
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