Shorewood Apartments, 151-unit
Multifamily Value-Add Investment Webinar

Opportunity Description

We are pleased to offer “accredited investors” the opportunity to invest in the beautiful Shorewood Apartments, a 151-unit multifamily value-add investment opportunity located in Cleveland, Ohio on Lake Shore Boulevard with gorgeous views of Lake Erie.

We are proud of one of our multifamily value-add investment, Smartland’s Breakwater Apartments, that went to full cycle. Breakwater Apartments is 112-unit multifamily value-add investment generating over +17% IRR. 

Smartland’s Breakwater Apartments is only 0.3 miles from Shorewood Apartments, which makes us very confident in our ability to create the same investor returns. By becoming a Smartland investor, they made the decision to accelerate their wealth building by trusting our strategy and approach. Smartland’s Breakwater Apartments Investors have continued to partner in the asset after receiving their principal back and achieving their projected IRR in 2.7 years.

What we like about this opportunity:

• 151-units under one roof offers excellent potential to increase value in operational efficiencies
• Substantial value-add opportunity with upside in rents & other income to bring in line with current market rates.
• Proximity to significant employment base that is recession-resistant.
• Excellent location where we have a proven track record with over a decade of experience.

Many investors missed out on our most recent Pine Grove Apartments and Woodgate Apartments. Spots will be limited in our newest offering, Shorewood Apartments!

We have a proven track record on similar projects in the immediate area, coupled together with the increasing apartment demand in a growing metro with an expanding employment base.

This offering is a 506(c) and is open to accredited investors only. An accredited investor has either a net worth of $1 million, not including their primary residence, OR an annual income of $200,000 (or $300,000 if married) for the last two years and you have a reasonable expectation that it will continue.