New Deal Alert!
A Luxurious 240-Unit, 2023 Built,
Multifamily Asset
*Open to Accredited Investors Only
New Deal Alert!
A Luxurious 240-Unit, 2023 Built,
Multifamily Asset
*Open to Accredited Investors Only
Viking Capital is pleased to present our latest investment opportunity!
Avondale HIlls, Atlanta GA
Introducing Avondale Hills, a luxurious 240-unit apartment community built in 2022-2023. This A-class asset is strategically located in a hyper-connected area along the path of progress, directly across from the MARTA transit station. Avondale Hills benefits from Atlanta's extensive amenities and economic growth.
Nestled in a prime location, Avondale Hills is surrounded by vibrant development and economic prosperity. The area's growth is fueled by the presence of major companies such as Google, Microsoft, and JP Morgan, creating a robust job market and driving tenant demand.
Avondale Hills offers a modern living experience with premium amenities, positioning it as a premier choice in the market. Despite the influx of new Class-A properties, Avondale Hills has the opportunity to increase rents to a more competitive price, offering both value and accessibility.
With 18%-23% AAR!
WHY WE LOVE THIS DEAL
prime location & connectivity
Avondale Hills, ideally located near the Kensington MARTA Station and I-285, offers convenient commuting to major employers and boasts strong recent leasing velocity, making it a prime core asset with revenue upside in the rapidly growing Atlanta market.
High Quality Asset
Constructed in 2022 and has extremely high-quality interior finishes, attracting young affluent tenant base. The flight to quality is one of the greatest strategies during volatile economic times.
Thriving Economic Environment
Avondale Hills is surrounded by vibrant development and economic prosperity. The area's growth is fueled by major companies such as Google, Microsoft, and JP Morgan, creating a robust job market and driving tenant demand.
low risk asset class
The combination of newer construction and strong submarket fundamentals reduces investment risk.
operational efficiencies
With an extensive portfolio of over 2,000 units in Atlanta, Viking Capital leverages significant economies of scale to implement operational efficiencies, driving organic appreciation and enhancing the property's overall value.
Three-Tiered Equity StructureÂ
*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 FlowÂ
9% Preferred ReturnÂ
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
Prime Location
Avondale Hills, ideally located near the Kensington MARTA Station and I-285, offers convenient commuting to major employers and boasts strong recent leasing velocity, making it a prime core asset with revenue upside in the rapidly growing Atlanta market.
High Quality Asset
Constructed in 2022 and has extremely high-quality interior finishes, attracting young affluent tenant base.
Commuter First
Located next door to the MARTA station and just off I-285 and Memorial Drive, this property offers easy access to all destinations in Atlanta.Â
Submarket growth
Significant job growth, affordable home prices, good weather, and lower taxes attract many new residents annually resulting in a forecast of an additional 2.9 million people between 2015 and 2050, comparable to the entire Denver MSA moving to Atlanta over the next 30 years.
#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
Most Livable Towns and Cities in America, Outside 2021
World’s Busiest Airport, Airports Council International, 2022
Trending Destination for 2022, Booking.com
Best City for Diversity in Tech Workforce, Beyond HQ 2022
Top State for Doing Business, Area Development 2022
Best Place to Live in the United States, Money 2022
Most Livable Towns and Cities in America, Outside 2021
Trending Destination for 2022, Booking.com
Best City for Diversity in Tech Workforce, Beyond HQ 2022
Top State for Doing Business, Area Development 2022
Best Place to Live in the United States, Money 2022
 ⬇Watch Webinar Replay⬇Â
OUR TRACK RECORD
PROTECTING CAPITALÂ WHILE PRODUCING RETURNS
27
Properties Acquired
$869M
In Assets Acquired
5,736
Units Acquired
24%
Average LPARR
CUSTOM JAVASCRIPT / HTML
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, LLCÂ
© 2023 | Viking Capital, LLCÂ
