Replacement Properties

Browning Flex Space — North Richland Hills, TX

6650 Browning Dr, North Richland Hills, TX 76180

13-unit flex space across 2 buildings in the DFW metro Gross rent $1,625/mo

Purchase Price

$312,000 / Unit

Cap Rate

6.3%

Rockport Duplexes - Rockport, IN

911-915 Court Street, Rockport, IN 47635

Purchase Price

$454,900

$227,450 per unit

Cap Rate

6.9%

East Powell Duplexes — Fort Worth, TX

1728 E Powell Ave, Fort Worth, TX 76104

10-duplex portfolio Gross rent $3,200

Purchase Price

$360k - $389k

Cap Rate

6.5% - 6.2%

Single Family Homes — Pleasant Grove, AL

247 4th Ave, Pleasant Grove, AL 35127

2 single-family homes in the Birmingham metro, in close of escrow Gross rent $1,800/mo per home

Purchase Price

$265,000

Cap Rate

6.6%

Peak Flex Space — Weatherford, TX

108 E Pointe Dr, Weatherford, TX 76087

55-unit flex space across 9 buildings west of Fort Worth Avg gross rent $1,370/mo

Purchase Price

$255,000 / Unit

Cap Rate

6.5%

Single Family Homes Oglethorpe Landing — Savannah, GA

Oglethorpe Landing, Savannah, GA

7 single-family homes in close of escrow Gross rent $2,200/mo per home

Purchase Price

$275,000

Cap Rate

6.3%

Class A Townhomes — Murfreesboro, TN

3611 Simba Ln, Murfreesboro, TN 37127

80-unit townhome project structured as a joint venture in the Nashville MSA Gross rent $3,000/mo per unit

Purchase Price

$457,769

Cap Rate

5.2%

Waxahachie Flex Industrial

1 Butcher Road, Waxahachie, TX 75165

Purchase Price

$8,970,000

$195K per unit

Cap Rate

9.71%

46 units · 62,100 SF · 30-mo hold