The McKenzie represents a $72 million acquisition of a premier Class-A multifamily property located in one of St. Louis's most sought-after submarkets.
Boasting 251 meticulously designed apartment homes, The McKenzie is already operating at 95% occupancy — a strong indicator of market demand and tenant satisfaction.
With a projected cap rate of 6.25% in Year 1, The McKenzie offers investors a rare opportunity to acquire a luxury asset at a yield well above the national average!
Investors will begin receiving quarterly distributions. The property's stabilized operations and consistent tenant demand translate into immediate passive income.
With our proven management strategy and value optimization plan, investors are expected to achieve annual returns in the range of 15% to 18%.
Over the course of the investment hold period, The McKenzie is projected to generate a 2.5 to 2.8 times return on invested equity.
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