Live Webinar
New Deal Alert!
Stewart's Mill
188 Unit Multifamily Asset
Value- Add Investment Opportunity
October 10th 2023
@ 7 PM EST
With Vikram Raya, MD
& Ravi Gupta, MD
*This is a FREE Webinar. Seating is limited*
Live Webinar
New Deal Alert!
Stewart's Mill
188 Unit Multifamily Asset
Investment Opportunity
October 10th 2023
@ 7 PM EST (US & Canada)
With Vikram Raya, MD
& Ravi Gupta, MD
*This is a FREE Webinar. Seating is limited*
October 10th 2023 @ 7 PM EST (US & Canada)
*This is a FREE Webinar. Seating is limited*
Property Summary Stewart's Mill
Property Summary Stewart's Mill
Viking Capital is pleased to present our latest investment opportunity. Stewart's Mill is a 188-unit Value-Add asset located right outside of Atlanta. This asset has tremendous value-add potential with a business plan of renovations on 73% of units. This, coupled with a stellar purchase price of 17% below market average has the potential to provide attractive returns to our investors.
This asset is situated in the desirable I-20 West pocket, flush with strong economic drivers, and is less than one mile southwest of Arbor Place Mall, and just nine miles west of The Fulton Industrial Blvd.'s thriving industrial employment base. Built in 1988, Stewart's Mill offers an outstanding opportunity to invest in an ideal value-add asset achieving average premiums of $167+.
Year Completed 1988
Total Units
188
Average Unit Size (SF)
892
Physical Occupancy
95%
Avg. Effective Rents
$1,409
New Move-Ins
$1,462
Units Primed for Upgrade
148
Total Units
188
Average Unit Size (SF)
892
Physical Occupancy
95%
Avg. Effective Rents
$1,409
New Move-Ins
$1,462
Units Primed for Upgrade
Value-Add Upside: 73% Units Primed For Upgrades
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
9% 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
Stewart's Mill
Tour the Property
Atlanta Economic Drivers
#1 Metro Tech Hub & Growth Leader
Business Facilities 2021
#1 Metro Area for Tech Diversity Index
Comp TIA 2021
#1 Busiest Airport in the World
World Airport Traffic 2022
#2 Largest Black Tech Workforce
Comp TIA 2021
ECONOMIC CAPITAL OF THE SOUTHEAST & GLOBAL BUSINESS HUB
ECONOMIC CAPITAL OF THE SOUTHEAST & GLOBAL BUSINESS HUB
#2
Quality Engineering Universities
#2
City to Live & Work as a Moviemaker
#3
Metro for STEM Professionals
#4
Metro Area for Corporate Headquarters
#1
Best State for Doing Business
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 webinar could fill up, so REGISTER NOW to secure your spot!
It’s FREE to attend and registration is required.
October 10th 20237PM ET
*This is a FREE Webinar. Seating is limited*
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 webinar could fill up, so REGISTER NOW to secure your spot!
It’s FREE to attend and registration is required.
October 10th 20237PM ET
*This is a FREE Webinar. Seating is limited*
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
