Fee Simple acquisitions of under-managed properties with value-add opportunities
Min $500,000 up to $3,000,000
Retail, medical office, industrial, flex, and office
Ground-up development, deep value-add, and repositioning
Population growth markets in the United States (must have +15,000 people within a 3-mile radius)
Competitive advantages such as barriers to entry, unique zoning, low-cost basis, etc.
Necessity-based tenancy, recession-resistant, amazon-resistant, and COVID-resistant tenants.
In-place cap rate at +8.5% or proforma cap rate +11%
16-24% Target IRRs, 18-26% Cash-on-Cash Return, or 2-3x Equity Multiple
