Viking Capital Presents:

a luxurious 114-unit, 2021 Built, Multifamily Asset
Located in Dallas Fort-Worth Metroplex

Join us!

tuesday October 1st 2024 | 7 PM ET

*This is a FREE Webinar. Seating is limited* 
*Investment Open to Accredited Investors Only*

Viking Capital Presents:

a luxurious 114-unit, 2021 Built, Multifamily Asset
Located in Dallas Fort-Worth Metroplex

Join us!

tuesday October 1st 2024 | 7 PM ET

*This is a FREE Webinar. Seating is limited* 
*Investment Open to Accredited Investors Only*

Viking Capital Presents:

a luxurious 114-unit, 2021 Built, Multifamily Asset
Located in Dallas Fort-Worth Metroplex

Join us!

tuesday October 1st 2024 | 7 PM ET

*This is a FREE Webinar. Seating is limited* 
*Investment Open to Accredited Investors Only*

Viking Capital Presents:

a luxurious 114-unit, 2021 Built, Multifamily Asset
Located in Dallas Fort-Worth Metroplex

Join us!

*This is a FREE Webinar. Seating is limited* 
*Investment Open to Accredited Investors Only*

Up to 20% AAR!

*This is a FREE Webinar. Seating is limited* 

WHY WE LOVE THIS DEAL

prime location

DFW tops the charts as the #1 city for domestic migration, growing at more than 53 times the national average, making it a highly desirable destination.

High-Quality Asset with Below Market Rents

This newly developed build-to-rent community offers expansive floor plans at below-market rates, making it highly attractive to the key rental demographic in the DFW area.

Defined Core-Plus Strategy

Offering below-market rents in a high-demand location, this build-to-rent asset presents a lower-risk investment profile with clear upside potential.

Submarket Rental Growth

With population growth surging by 42% since 2010, this area benefits from excellent schools, strong income levels, and a trajectory of continued development.

Risk-Adjusted Renter Profile

These townhomes appeal to affluent renters seeking the benefits of single-family living, while also allowing for underwriting practices akin to traditional multifamily properties. This strategic mix meets premium demand while delivering strong risk-adjusted returns for investors.

Viking Capital is pleased to present our latest investment opportunity!

The Townhomes at Bluebonnet Trails

Viking Capital presents The Townhomes at Bluebonnet Trails, a 114-unit, build-to-rent community in the DFW Metroplex. Completed in two phases (2020 and 2021), the property offers direct access to US-287 and I-35, connecting residents to major economic hubs, including Baylor Scott & White Medical Center, with only a 25-minute commute to downtown Dallas.

The Ellis County submarket benefits from DFW's growth, with a five-year rent increase of 5.6% and a 96.3% occupancy rate. The surrounding area features over 2,000 businesses and a median household income exceeding $74,000.

The Townhomes offer spacious three- and four-bedroom floorplans, averaging 1,843 square feet—the largest in Ellis County. Units include stainless steel appliances, granite countertops, wood-style flooring, private patios, and attached garages catering to a family-oriented tenant base.

With minimal new supply and a low-density design that combines the benefits of multifamily living with a single-family feel, The Townhomes at Bluebonnet Trails is a prime investment opportunity.
As housing affordability continues to erode, build-to-rent (BTR) communities are experiencing unprecedented growth across the United States. 

This trend is especially notable in high-growth submarkets where population increases, economic expansion, and rising home prices intersect. In 2023, approximately 78,000 new BTR homes were delivered, with the southern region accounting for nearly 50% of these completions. 

The sector saw a 20% increase in new BTR units compared to 2022, and projections indicate that BTR properties will represent nearly 17% of all new homes built annually by 2027.
Current economic conditions and interest rate trends make BTR properties an attractive alternative to traditional homeownership. High barriers to entering the home buying market—such as low inventory, elevated prices, and rising mortgage rates—favor BTR options. For example, in Waxahachie, DFW, the average monthly mortgage payment is $3,924, while the average rent for a BTR home is considerably lower at $2,113.

Market Insights:

National Rent Trends: 

U.S. rents for BTR properties have increased by 3% year-over-year as of June 2023.

Regional Dynamics:

In DFW, rental prices for BTR homes have risen by 25% since 2021.

Future Projections:

BTR rents are expected to grow by 20% from 2023 to 2027

WHY WE LOVE THIS DEAL

Prime Location

DFW tops the charts as the #1 city for domestic migration, growing at more than 53 times the national average, making it a highly desirable destination.

High-Quality Asset with Below Market Rents

This newly developed build-to-rent community offers expansive floor plans at below-market rates, making it highly attractive to the key rental demographic in the DFW area.

Defined Core-Plus Strategy

Offering below-market rents in a high-demand location, this build-to-rent asset presents a lower-risk investment profile with clear upside potential.

Submarket Rental Growth

With population growth surging by 42% since 2010, this area benefits from excellent schools, strong income levels, and a trajectory of continued development.

Risk-Adjusted Renter Profile

These townhomes appeal to affluent renters seeking the benefits of single-family living, while also allowing for underwriting practices akin to traditional multifamily properties. This strategic mix meets premium demand while delivering strong risk-adjusted returns for investors.

Three-Tiered Equity Structure 

*For Accredited Investors*

Allows Investors to Match Investment Goals

A three-tiered return structure gives investors options when placing their equity. Investors have the ability to invest in either tiers of equity Class A, Class B, Reserve Class or a combination of Class A and Class B. Diversifying in both A and B classes allows for a risk adjusted, blended returns.

Class A

Prioritized Cash Flow 

10% Preferred Return 

No Profit Share

Minimum Investment

$50,000


Class B

7% Preferred Return

70/30 Profit Share


Minimum Investment

$50,000


Reserve Class

8% Preferred Return

80/20 Profit Share


Minimum Investment

$500,000


#1 top city for

domestic migration

domestic migration

Dallas-Fort Worth, TX

POPULATION GROWS BY

1 PERSON 
EVERY
3.3 MINUTES

18 PEOPLE AN HOUR | 429 PER DAY | 3,015 PER WEEK

OUR TRACK RECORD

PROTECTING CAPITAL WHILE PRODUCING RETURNS

27

Properties 
Acquired

$869M

In Assets 
Acquired

5,736

Units Acquired

24%

Average LP
ARR

The webinar will last about 30 min and then we’ll open the floor for questions.

We look forward to sharing with you why we are so excited about this property. 

● High Growth Location
● Projected Returns
● Our Business Plan For Improvements
● Tax Advantages For Investors and
● Capital Commitment Timeline.

*This is a FREE Webinar. Seating is limited* 
Meet Your Host
Dr. Greg
As a physician and health visionary, Dr. Greg Mongeon has impacted lives professionally for over 17 years.
This is a Regulation D 506c offering for SEC Accredited Investors only. All investors will need to go through a third party accreditation verification process. This is not a solicitation for non-accredited investors to participate in this offering.
© 2023 | Viking Capital, LLC 
© 2023 | Viking Capital, LLC