Investment
Alpha-One Capital Group is a diversified real estate investment company managing 3 properties and over $52.4 Million assets, representing 220 units in Houston, Texas and 372 units in Atlanta, Georgia.
At December 31, 2016, the occupancy rate for the portfolio was approximately 93.1%, and the weighted average monthly effective rent per occupied apartment unit was $846.
Foxboro
Houston, TX
- Foxboro has seen an effective rent growth of 5.4% from August 2015 to July 2016
- Conveniently located off of Beltway 8 and Highway 59 in Southwest Houston.
- 2016-2021 estimated population growth (1-mile): 9.4%
- Community Amenities include Swimming Pool and Business Center
Funding Status
$2,250,000 funded on November 18, 2016
Property Description
Foxboro is a well-performing asset has seen an effective rent growth of 5.4% from August 2015 to July 2016 with an average annual occupancy of 95%. The community is conveniently located off of Beltway 8 and Highway 59 in Southwest Houston. The property affords great access to the Houston MSA and is only minutes from both the Westchase Business District and Sugar Land, one of Houston’s premier master planned communities. Beltway 8 traffic count per day: 212K. The Alief submarket is expected to have a strong population growth over the next five years. the 2016-2021 estimated within 1-mile is 9.4%.
Offering Summary
| General Partner | Alpha-One Capital Group |
| Limited Partners | Investors will receive pro-rata equity interests in the Limited Partners |
| Property Type | Multi-family |
| Number of Units | 200 |
| Equity Offering Amount | $2,250,000 |
| Property Address | 10411 South Dr, Houston, TX 77099 |
Use of Proceeds
Alpha-One Capital Group is seeking to raise $2,250,000 to acquire the Foxboro apartment homes. Proceeds will be utilized for property acquisition, strategic growth initiatives, interior and exterior renovations, and general working capital.
Key Terms
| Minimum Investment | $150,000 |
| Term | 36 – 60 months |
| Estimated Investor Equity Multiple | 1.4x – 1.6x |
| Debt-Service Coverage Ratio (DSCR) | 1.9x |
| Payments | During the term, the General Partner will make quarterly preferred return payments |
| Capital Event | At the end of the capital event, the General Partner will return the investment principal plus net capital gain |
| Fund Model | Closed-end fund |
Ellington Woods and Lealand Place
Atlanta, GA
- Ellington & Lealand has seen an effective occupancy rate above 95% from February 2016 to March 2017.
- Conveniently located within four miles of Interstate 85, connecting to Interstate 285, providing an easy commute within the Atlanta metro area.
- 2016-2021 estimated population growth (1-mile): 9.8%
- Community Amenities include Swimming Pool, Tennis Court, Clubhouse, and Fitness Center
Funding Status
$2,500,000 funded on November 26, 2016
Property Description
Ellington & Lealand is a portfolio asset with superior rental demand has seen a strong rent growth with an average annual occupancy above 95%. Conveniently located within four miles of Interstate 85, connecting to Interstate 285, providing an easy commute within the Atlanta metro area. The property affords great access to Gwinnett Place Mall, Technology Park Atlanta, Atlanta Media Campus, and Gm Plant Development. The population is expected to grow at 9.8% over the next five years, more than double the national growth rate of 4.3% over the same period.
Offering Summary
| General Partner | Alpha-One Capital Group |
| Limited Partners | Investors will receive pro-rata equity interests in the Limited Partners |
| Property Type | Multi-family |
| Number of Units | 180(Ellington) + 192(Lealand) |
| Equity Offering Amount | $2,500,000 |
| Property Address | 1359 Beaver Ruin Rd, Norcross, GA 30093 (Ellington) 2945 Cruse Rd NW, Lawrenceville, GA 30044 (Lealand) |
Use of Proceeds
Alpha-One Capital Group is seeking to raise $2,500,000 to acquire the portfolio of Ellington Woods and Lealand Place. Proceeds will be utilized for property acquisition, building improvements, and general working capital.
Key Terms
| Minimum Investment | $150,000 |
| Term | 36 – 60 months |
| Estimated Investor Equity Multiple | 1.51x – 1.71x |
| Debt-Service Coverage Ratio (DSCR) | 1.6x |
| Payments | During the term, the General Partner will make quarterly preferred return payments |
| Capital Event | At the end of the capital event, the General Partner will return the investment principal plus net capital gain |
| Fund Model | Closed-end fund |
