If you are even the slightest bit interested in passively investing in apartments, join the Investor Circle. Here’s why:

Most real estate investing opportunities cannot be advertised due to the Security Exchange Commission (SEC) regulations. I am able to let you know about the deal below because it is for accredited investors only. Most opportunities are NOT just for accredited investors and, therefore, we aren’t able to promote them to the public.

Due to SEC regulations, in order for us to inform you about exclusive investing opportunities, we must speak first. If you’d like to receive future notices of apartment investments, please join the Investor Circle or schedule a call.

Magnolia Point Apartments

227 Units in Jacksonville, FL

Why You’ll Love to Invest in this Deal
  • $38 million purchase price for 227 units
  • Stable 6 year hold, value add opportunity
  • Jacksonville is the most populous city in Florida
  • Diverse employment base and growing population
  • Refinance possible in year 3 (51% return on capital)
  • Strong Sponsor Team with a combined 16,000+ units
  • Quarterly distributions of available cash flow

Investment Projection Details:

  • Annualized Return: 15%
  • Cash on Cash (Average): 8%+
  • Internal Rate of Return (IRR): 15%
  • Equity Multiple: ~2.0x (100% return on capital)
  • Minimum Investment: $75,000
  • Cash or IRA funds welcomed
An Excellent Value-Add Opportunity

  • Property is in the desirable Southside medical hub area
  • Magnolia is currently 95% occupied with current rents too low and the demand is high (occupancy in Jacksonville is 97%)
  • Current unit rents are at least $450+ below market rents
  • Resprop Management Company has over 5,000 units in Jacksonville and manages our portfolio of 1,000 units
  • Several major employers are located within a short drive of this property
  • We’re taking advantage of low interest rates for great long term debt
  • Previous owner did minimal renovations, allowing us to get a significant discount for this type of property
  • We will perform a cost segregation study and elect 100% of the bonus depreciation to ensure the lowest possible tax treatment for our investors

Here’s How to Invest

This specific offering is a Reg D 506(c) for accredited investors only.
(Not sure if you’re an accredited investor? Check out Frequently Asked Questions on our Apartment Investing page.)

1. Review the Investment Summary

2. Register on the Investor Portal
After you register, if you don’t receive a confirmation email from Hansen Holdings, please check your spam folder!

3. Verify Accredited Investor Status
Follow instructions on Investor Portal to obtain a third party accreditation verification.

4. Sign Documents and Wire Transfer Funds

If you have any questions or are new to apartment investing, I will be happy to walk you through the process, step-by-step. Click here to schedule a call with me or send me an email at matt@hansenholdings.com