Colony Apartments, 153-unit
Multifamily Value-Add Investment Webinar
Only a $5,000 minimum investment in this multifamily property!
Schedule A CallColony Apartments
Opportunity Description
The Smartland.com team is pleased to present this investment offering of The Colony Apartments, a 153-unit apartment community. The asset consists of nine buildings, each 2.5-stories located in the attractive, historic city of Shaker Heights, Ohio. Built-in 1945, the asset is strategically located near Downtown Cleveland providing great access to major economic drivers as well as top entertainment and employment hubs.
Projected Investor Returns
In order to provide investment opportunities that allow you to match your investment goals, we will be offering a two-tiered investment structure for this deal:
*Projected term: Up to 5-years with the following returns:
Class A Limited Partners: $100,000 total minimum investment
| Preferred Return | 9% |
| Project Level IRR | 16% |
| Equity Multiple | 2.08x |
Class B Limited Partners: $5,000 total minimum investment
| Preferred Return | 7% |
| IRR | 12.5% |
| Equity Multiple | 1.76x |
Disclaimer: All opinions, analysis, or predictions expressed and data provided herein are subject to change without notice. The investments mentioned on this page and in the video may not be suitable for all types of investors. All investments involve different degrees of risk. You should be aware of your financial situations and risk tolerance level at all times. Furthermore, you should read all transaction documents and statements. Read any and all information presented carefully before making any investment decisions. The video and this page are provided for informational purposes only and does not constitute an offer or solicitation to buy or sell securities. Past performance is no guarantee of future results, and current performance may be lower or higher than the performance data quoted. All real estate investments involve different degrees of risk.
