Investment

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.

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.