Class A - 324 Units
2025 Built
16%-17% IRR
Located in Phoenix MSA

*Open to Accredited Investors Only

off market advantage

We secured this deal off-market, allowing us to negotiate favorable terms and avoid the bidding war environment typical in Phoenix today.

low cost basis

Our entry price is well below replacement cost, giving us built-in equity and a strong foundation for long-term appreciation.

path to progress and close to strong economic drivers

Strong renter demand paired with a low pipeline of new deliveries supports long-term rent growth.

flight to quality

This mix of modern apartments and townhomes offers the high-quality housing today’s renters demand—positioning the asset to outperform in a volatile market and thriving submarket.

high demand, limited supply

Avondale is experiencing explosive growth, driven by major employers like Intel, AI tech firms, and healthcare giants migrating to the West Valley.

economies of scale

With another new build underway in Peoria, we’re unlocking economies of scale across operations, allowing us to streamline costs, share resources, and enhance overall r

With up to 2.2x Equity Multiple on your Investment 

Viking Capital is pleased to present our latest investment opportunity!
Viking Capital presents Avondale Commons, a 324-unit, ground-up multifamily and townhome community located in Avondale, Arizona—an emerging submarket in the Phoenix MSA and a key node in the region’s explosive West Valley growth corridor.

Strategically positioned in the path of progress, Avondale is experiencing rapid population and employment expansion, driven by corporate investments from Intel, top-tier AI and semiconductor firms, and major healthcare institutions. This confluence of innovation, infrastructure, and in-migration is fueling exceptional demand for high-quality housing.

Avondale Commons is surrounded by vibrant new development and economic momentum. With its modern design, premium finishes, and lifestyle-oriented amenities, this community is poised to meet the needs of an affluent and growing renter base.

This asset benefits from a strong rent-to-own delta, favorable demographic trends, and a robust job market—all contributing to long-term rental demand and asset appreciation. As a ground-up development in a supply-constrained market, Avondale Commons offers significant upside with limited near-term competition.

Structured with efficient financing and a phased delivery plan, Avondale Commons positions investors to capitalize on Phoenix’s next wave of growth—while locking in value in one of the nation’s most resilient and opportunity-rich metros.


*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.

OUR TRACK RECORD

PROTECTING CAPITAL WHILE PRODUCING RETURNS

31

Properties 
Acquired

$1.02B

In Assets 
Acquired

6,522

Units Acquired

24%

Average LP
ARR

WHY WE LOVE THIS DEAL

 Prime Location

Located in Hendersonville—an affluent, supply-constrained submarket with A-rated schools and growing renter demand—The Hamilton is positioned in one of the most stable areas in the Southeast. Limited new construction and strong demographic trends create a long runway for rent growth.

 Immediate Upside with Light Value-Add

With recent renovations already completed (including full interiors and new roofs), Viking Capital is able to drive value quickly by adding washer/dryers and increasing rents by $300+—while still remaining under market comps. This creates built-in upside without heavy lift.

 Cash-Flow from Day One

With high historical occupancy, low cap-ex needs, and optionality to acquire all-cash or assume a fixed 4.889% loan, The Hamilton offers stable, risk-adjusted returns in a time when many operators are struggling to find yield.

 Rent vs. Own Gap Creates Demand Moat

The rent-to-own delta in this area makes renting the more attractive option, which reinforces strong tenant retention and supports long-term rental growth—especially in a volatile interest rate environment.
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.
© 2025 | Viking Capital, LLC 
© 2025 | Viking Capital, LLC