PASSIVE INVESTORS, WELCOME!
- 3 KEYS Communities - 233-Unit Portfolio
affordable housing apartment community of 12 different properties throughout the
Las Vegas Valley in Nevada
Las Vegas Valley in Nevada
Purchase Price
$28,293,425.00.
Equity Multiple
1.6/3.6/3.4.
Preferred Return
12%/12%/8%.
Cost Segregation
Yes.
Number of Units
233.
★ For Accredited Investors ★
3 KEYS Communities In Las Vegas Valley
Las Vegas has a population of 656,274. Median household income $61,356. 46% of Households are renters. New mortgage with a fixed 7.15% interest rate with a 12 month interest-only period. Hiring 3rd party Property Management firm with over 17 years of experience. Residents are directly funneled through Clark County via the Rapid Rehousing Initiative. Lease periods of 1 to 2 years while residents build a financial foundation. Mix of Studios, 1-Bed, 2-Bed, 3-Bed and 4-Bed apartments. Occupancy at 96% as of July 2023.
Property Location Overview
3 KEYS Communities consist of 233 units over 12 properties located in the Las Vegas Valley. 149 of the 233 units are located in the heart of the City of Las Vegas, just one block way from the famous Las Vegas Strip and directly behind the Stratosphere Hotel and Casino. These properties are centrally located just off of the I-15 freeway, and sit on prime real estate in the heart of one of the entertainment capitals of the world.
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This form allows us to comply with SEC regulations. We are simply required to have it on file.
Please note – Filling out this form does not obligate you to invest. It just helps us better understand your investor profile and comply with the SEC.
Here is what we LOVE about this deal
Helping the homeless community to get back on their feet!
1
Case Management at the tenant level, the corporate level and the County level.
2
Guaranteed Rents - ACH drops on the 1st of each month.
3
Endless supply of tenants, so vacancy is minimized (3k-4k person waiting list)
4
8% & 12% Preferred returns offered - OR just a straight interest rate of 12% - 3 options to invest!
5
Fixed rate mortgage with 12 month of interest only and NO PREPAYMENT penalty!
6
Investors are projected to receive 100% return of capital at refinance at year 5, and continue to receive cash flow and equity until sale!
7
Cost Segregation Study will be performed to take advantage of Bonus Depreciation
8
Very conservatively underwritten w/15% vacancy for all 10 years!
9
We’re Agile And Committed To
Working As Your Partners
We’re here to help investors access ethical and social property development projects that not only produce a return but contribute to a better world.
GCG is purchasing relatively stable multi-family properties with high generating passive cash flows. These properties are in strong employment areas with growth and stability that will outperform national averages.
Our philosophy is that if we can acquire high-quality assets with above-average cash flows, we will be able to ride the inflation wave and achieve significant long-term upside potential and appreciation over the next 5-7 years.
GCG is purchasing relatively stable multi-family properties with high generating passive cash flows. These properties are in strong employment areas with growth and stability that will outperform national averages.
Our philosophy is that if we can acquire high-quality assets with above-average cash flows, we will be able to ride the inflation wave and achieve significant long-term upside potential and appreciation over the next 5-7 years.
Meet The Growth Capital Group
Invest with us!
We invest in properties that make profits
Mike Desrosiers
- 30 years of combined real estate experience
- Multi-Family Syndication
- Extensive education in Multifamily
- Asset Management and Acquisitions
- 30 years as a CEO of a successful Agency
- Licensed California Realtor
- Licensed Private Pilot