Current offerings

Property Highlights and Deal Notes:

Higher Point Investing, Vine Capital Partners and Endurus Capital are pleased to present Brentlinger Park Townhomes.

Featuring 113-units, Brentlinger Park has an attractive unit mix of all 2-bedroom, 2 1/2 – bathroom floorplans. Every townhome features full size washer and dryer hookups, high efficiency HVAC systems, undermounted kitchen cabinet lighting, and forward-thinking Wi-Fi docking stations.

Highlights:

• This is a 113-unit, 2023 build class A property in a class A area in Louisville, KY

• Occupancy = Over 94%%

• Purchase price: $24,000,000 (20% discount)

• Total equity raise goal is $9.700,000

• Rent upside $150+

• Growing area with strong rent growth and low unemployment

• Income boosters = rent, rentals of washer/dryers, Internet, garages

• 2x equity multiple 

• 7% preferred investor returns

• IRR projection 15-19%

• AAR projection 19-24%

• Minimum investment $50,000

• The investor split is limited partner/general partner 70/30

• Targeted hold is 5 years.

• This property is close to employment, shopping, transportation, and the new Des Moines entertainment and City Center.

• Cost segregation strategy to create accelerated depreciation for tax advantages

• This investment opportunity is a 506-C for accredited investors.