Jones Road Apartments represents more than just a real estate investment; it's a gateway to consistent cash flow, capital appreciation, and financial prosperity. With its prime location, upscale amenities, and promising financial projections, this Class A multifamily unit is poised to deliver exceptional returns for savvy investors. Don't miss out on this golden opportunity to secure your future wealth. Review our attached proforma today and embark on a journey towards unparalleled success in real estate investment. Financial Overview: ? Total Projected Sale Price: $ $4.495 million, with 85% of the project already completed, and the remaining 15% needed to finish by fall of 2024. ? Market Pricing: Units are competitively priced at $1.70 per square foot, reflecting the luxury and superior quality of the accommodation. ? Absorption Rate: Anticipated to reach 80% by Fall 2024, indicating strong demand and rapid uptake by tenants. ? Projected NOI and Cap Rate: Anticipated Net Operating Income (NOI) of $303,000 with a Cap Rate of 7%. Jones Road Apartments offer a promising income-generating opportunity, supported by a projected stabilization rate of 95% by 2026. Proforma and Exit Strategy: ? Class A Apartment Complex: Consisting of 28 units spread across two two-story buildings, this new construction project boasts top-tier amenities and finishes, ensuring high desirability among tenants. ? Prime Location: Situated near major thoroughfares such as Hwy 290 and Hwy 249, the property offers convenient access to employment centers, retail outlets, and entertainment hubs, enhancing its attractiveness to prospective renters. ? Favorable Demographics: With positive household population projections in the neighborhood, Jones Road Apartments aligns perfectly with the evolving needs and preferences of the local community.