DEROSA CAPITAL 18
Investment Summary & Returns
- IRR: 14% to 16% w/ 8% Pref
- Cash on Cash: 8% to 11%
- Equity Multiple: 2.45x
- ~10 Year Hold
Market Overview
- Red Wing, MN
- Close Proximity to Major Metro Areas: Minneapolis & Saint Paul
- Strong Population Growth
- Diverse Employment Sector
Project Details & Business Plan
- Construction is ongoing and will be completed by Nov 2024
- Pre-Leasing starting September 2024
- Asset stabilization by January 2025
- Refinance in September 2025
- Estimated Hold Time ~10 years
The DeRosa Group: Transforming Lives Through Real Estate
We see the human side of real estate. We are committed to creating secure wealth-building opportunities for our investors, allowing them to participate in projects that make money while making a difference. We create safe, family-oriented communities that our residents are proud to call home. Our team members thrive, knowing that their work transforms the lives of many.
Disclaimer
The information in this package is based on the real estate broker’s offering memorandum, the seller’s Due Diligence submission, and market research performed by The DeRosa Group and its partners. Although the information in this Offering Memorandum has been obtained from sources that are deemed to be reliable, the management team makes no representation, either expressed or implied, to the accuracy of this information. All information contained herein is further subject to correction, modification, or withdrawal without further notice. Anticipated returns stated in this offering are based on the best data available at the time and are subject to change based on future market conditions, loan terms, occupancy, requirements for additional capital investment, discretions of the General Manager, or various factors involved in Property Management.
This information is confidential in nature and should not be reproduced or distributed without the written consent of The DeRosa Group.
This opportunity is being offered as a 506(c) offering and is only available for Accredited Investors.