123 1St AveDecatur, GA 30030
High-yield, diversified note investment.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 115
Highlights
- Portfolio of performing second position notes secured by ~3,500 Class B multifamily units, hotels, and SFRs in Decatur, GA.
- Notes are senior to equity, offering strong security with 56% average leverage and 2.4x cash flow coverage.
- 6.50% cap rate provides stable income; investors can choose a 12% annual yield fund or direct note investment (projected 13-18% IRR).
- Minimum $100,000 investment; Regulation D exempt private placement; LLC membership interest with 12-quarter lock-up.
Property Details for 123 1St Ave
- Property type
- Residential income homes, Self storage facilities
- Class
- B
- Units
- 3500
Location Insight
- City
- Decatur
- County
- DeKalb
- State
- Georgia
- Latitude
- 33.7520153
- Longitude
- -84.3115462
Nearby Similar for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].