Preserve at Copper Springs Webinar скачать в хорошем качестве

Preserve at Copper Springs Webinar

This is a 506(c) offering open to accredited investors only. LSCRE is to present Preserve at Copper Springs, a 376-unit, 2003-built apartment complex in Houston, TX, targeting an early-March 2026 close. Given the seller’s liquidity needs and loan maturity in April, they are forced to sell. Due to LSCRE’s track record of $134M in acquisitions with the seller, LSCRE became the easy buyer of choice at a $2.5M discount to the seller’s target. Location: • #1 submarket for T12 absorption in Houston and 0 units under construction within a 3-mi radius • Houston is projected to add nearly 172,000 jobs from 2025 to 2029, ranking 1st in projected employment growth nationwide (Moody’s) • Moody’s projects that Houston will add 496,000 people from 2025 to 2029, #1 among the 20 largest U.S. metros • ~15 min from Apple/Nvidia AI supercomputer factory in Houston set to open in 2026, resulting in 3,000+ new jobs • Schools: Cy-Fair ISD (#2 in Houston MSA and #1 for athletics) / Cypress Ridge High School is adjacent to the property • 3-mi Income: $82,466 / Median Home Price: $340,000 Property: • Purchase Price: $61,500,000 ($163,564/unit) / Going-In Cap Rate: 5.21% / Y1 Cap Rate: 6.09% o Camden Midtown (1999) sold for $170k/door in June 2025 in an inferior location with lower effective rents • $1.2M spent on major renovations by the seller since 2022 • Upgraded Units: black appliances, granite countertops, grey shaker-style cabinets, undermount sinks, vinyl plank flooring, and full-size washer/dryer sets • 73.0% breakeven occupancy