U.S. Multifamily Investment Opportunity | 8% returns per annum

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Multifamily Housing Investment – 8% returns per annum
U.S. Multifamily Investment Opportunity
8% returns per annum | Immediate Income
Prices From $25,000
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Daytona Beach
 
DAYTONA BEACH, FLORIDA PORTFOLIO
The Daytona Beach, FL, Portfolio includes two adjacent communities, a total of 384 units, now operating as Forest Lake Apartments. Built in the mid-'80s and well-maintained, these properties offer an exciting investment opportunity for cash flow and capital appreciation.
This portfolio was acquired in September of 2018 at $96,354 a unit, which is well below replacement cost. The intent is to increase revenues through a moderate value-add program and to take advantage of property management efficiencies as the Sponsor, Lloyd Jones, currently owns and operates three other properties within a four-mile radius.
The portfolio is located near the intersection of Interstate 95 and Interstate 4 putting the major cities of Orlando and Jacksonville within an hour's drive. Surrounded by retail, dining, and commercial activity, the property has easy access to Daytona International Airport, Daytona International Speedway, and the famous Florida beaches.
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Daytona Beach
 
Investment Highlights
 
Experienced Sponsor/Partner backed by forty years in the multifamily real estate industry and $750 million in investment and development projects.
Unique opportunity for individual investors to participate in an institutional-quality multifamily investment.
$25,000 minimum investment
8% projected annual return
High-potential asset in one of fastest-growing cities in U.S.
Excellent opportunity to increase revenues through moderate renovations and to reduce expenses through professional property management.
Capital appreciation due to acquisition below replacement cost.
Management efficiencies as result of Sponsor's ownership and management of 876 units within a four-mile radius
Real estate investment protects against inflation and stock market volatility.
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Daytona Beach
Providing Quality housing
That Makes Lives Better
Daytona Beach Daytona Beach
Daytona Beach Daytona Beach
 
About Lloyd Jones LLC
Lloyd Jones is a real estate investment and development firm that specializes in multifamily and senior housing. With 40 years of experience in the industry, the firm invests in, develops, improves, and operates multifamily communities throughout Florida, Texas, and the Southeast.
Based in Miami, the firm has acquired more than $500 million in multifamily assets over the past decade. Its current inventory includes approximately 5000 units in 24 communities.
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