NEW DEAL · JACKSONVILLE MSA
Class A+ New Construction Multifamily Investment in Florida's Tax-Advantaged Jacksonville MSA
Class A+ New Construction Multifamily Investment in Florida's Tax-Advantaged Jacksonville MSA
Class A+ New Construction Multifamily Investment in Florida's Tax-Advantaged Jacksonville MSA
◉ 1637 ASCEND VILLAGE LN · MIDDLEBURG, FL 32068
◉ 1637 ASCEND VILLAGE LN
MIDDLEBURG, FL 32068
Class A+ Garden-Style
Class A+ Garden-Style
Class A+ Garden-Style
PROPERTY TYPE
300
300
300
TOTAL UNITS
2024
2024
2024
YEAR BUILT
1,064 SF
1,064 SF
1,064 SF
AVG SQ FT
Orange Park, Clay Co.
Orange Park, Clay Co.
Orange Park, Clay Co.
SUBMARKET
96.3%
96.3%
96.3%
OCCUPIED
ABOUT THE DEAL · PROJECTED RETURNS
Projected returns at a glance
Projected returns at a glance
Projected returns at a glance
10 – 12%
10 – 12%
10 – 12%
ANNUAL ROI
Net IRR · Conservative underwriting
Net IRR · Conservative underwriting
2.0 – 2.5×
2.0 – 2.5×
2.0 – 2.5×
EQUITY MULTIPLE
10-year projected total return
10-year projected total return
4 – 6%
4 – 6%
4 – 6%
CASH-ON-CASH
Year 1 → Year 10 trajectory
Year 1 → Year 10 trajectory
$100K
$100K
$100K
MIN INVESTMENT
Accredited investors · Reg D 506(c)
Accredited investors · Reg D 506(c)
10 years
10 years
HOLD PERIOD
HOLD PERIOD
Year 5
Year 5
PROJECTED REFI
PROJECTED REFI
Quarterly
Quarterly
DISTRIBUTIONS
DISTRIBUTIONS
80/20
80/20
LP/GP SPLIT
LP/GP SPLIT
THE OPPORTUNITY
Six reasons this deal stands out
Six reasons this deal stands out
Six reasons this deal stands out
A best-in-class new construction asset positioned in one of Jacksonville's last truly supply-constrained submarkets
with structural tailwinds you won't find in over-supplied Sunbelt markets.
A best-in-class new construction asset positioned in one of Jacksonville's last truly supply-constrained submarkets with structural tailwinds you won't find in over-supplied Sunbelt markets.
A best-in-class new construction asset positioned in one of Jacksonville's last truly supply-constrained submarkets with structural tailwinds you won't find in over-supplied Sunbelt markets.
01
2024 New Construction
2024 New Construction
Brand-new Class A community, no deferred maintenance, premium finishes throughout — built to compete at the top of the submarket.
02
Severely Supply-Constrained
Severely Supply-Constrained
Only 4 multifamily properties built in Clay County since 2020. Just 1 under construction (5+ miles away). High impact fees + wetlands limit future supply.
03
Anchored by Healthcare
Anchored by Healthcare
Ascension St. Vincent's Hospital <1 mile, HCA Florida Orange Park within 15 min — combined 5,000+ healthcare jobs nearby.
04
Cecil Commerce Center
Cecil Commerce Center
$1.3B industrial hub 15 min away — 14,250 jobs at full build-out. Tenants: Amazon, Bridgestone, Wayfair, FedEx, Jinko Solar.
05
2nd-Best Schools in Jax MSA
2nd-Best Schools in Jax MSA
Clay County School District ranks 8th in Florida, 2nd in Jacksonville MSA per Niche — premium attracts and retains long-stay residents.
06
Live Local Act Eligible
Live Local Act Eligible
Florida's landmark tax bill — qualifying units receive 75% ad valorem exemption. Potential six-figure annual tax savings.
THE TIMING
A once-in-a-cycle window to enter.
A once-in-a-cycle window to enter.
A once-in-a-cycle window to enter.
Florida's Live Local Act + supply-constrained submarket + JLL's unpriced offering.
The math only works while these conditions overlap.
Florida's Live Local Act + supply-constrained submarket + JLL's unpriced offering. The math only works while these conditions overlap.
Florida's Live Local Act + supply-constrained submarket + JLL's unpriced offering.
The math only works while these conditions overlap.
FLORIDA TAX ADVANTAGE
Live Local Act — Up to 75% ad valorem tax exemption
Live Local Act — Up to 75%
ad valorem tax exemption
Live Local Act — Up to 75% ad valorem tax exemption
Florida's landmark Live Local Act unlocks meaningful property-tax relief for new workforce-housing communities — directly boosting NOI and exit value. Ascend qualifies on every criteria, with projected savings flowing straight to investor returns.
Florida's landmark Live Local Act unlocks meaningful property-tax relief for new workforce-housing communities — directly boosting NOI and exit value. Ascend qualifies on every criteria, with projected savings flowing straight to investor returns.
1
Signed 2023, Expanded 2024
Florida SB 102 — Southeast's strongest multifamily tax incentive, designed to unlock workforce housing supply.
2
Up to 75% Tax Reduction
FL Statute §196.1978 exempts 75% of ad valorem taxes on units leased at 80–120% AMI (100% if ≤80% AMI).
3
Renewable Through 2059
Certified annually by the County Property Appraiser — savings flow directly to NOI without rent or capex impact.
THE TIMING
Why Clay County, why now
Why Clay County, why now
Why Clay County, why now
Most Sunbelt submarkets are flooded with new supply. Clay County is the opposite
and that's exactly what creates outsized rent growth opportunities.
Most Sunbelt submarkets are flooded with new supply.
Clay County is the opposite and that's exactly what creates
outsized rent growth opportunities.
Most Sunbelt submarkets are flooded with new supply. Clay County is the opposite, and that's exactly what creates outsized rent growth opportunities.
4
ONLY 4 PROPERTIES BUILT
Total multifamily properties built in Clay County in the last 5 years. Demand has far outpaced supply.
1
ONLY 1 IN PIPELINE
Single property currently under construction — located 5+ miles away and not expected to impact occupancy here.
4%
OF MSA SUPPLY
Clay County represents just 4% of total Jacksonville MSA multifamily supply despite strong demand.
+3%
PROJECTED RENT GROWTH
Annual rent growth conservatively underwritten — submarket fundamentals support upside.
AFTER THE TIMING
Ready to take the
next step?
LOCATION
Where the demand lives.
Where the demand lives.
Where the demand lives.
Florida's tax advantage. Jacksonville's jobs engine. Clay County's school district.
Three demand layers converge at one address.
Florida's tax advantage. Jacksonville's jobs engine. Clay County's school district.
Three demand layers converge at one address.
Florida's tax advantage. Jacksonville's jobs engine. Clay County's school district.
Three demand layers converge at one address.
LOCATION
Three demand layers converge at one address — explore each below.
WHY FLORIDA
The state where capital compounds tax-advantaged.
The state where capital compounds tax-advantaged.
The state where capital compounds tax-advantaged.
0%
0%
STATE INCOME TAX
One of 9 U.S. states with zero personal income tax
One of 9 U.S. states with zero personal income tax
75%
75%
PROPERTY TAX EXEMPTION
Live Local Act ad valorem reduction (qualifying units)
Live Local Act ad valorem reduction (qualifying units)
#1
#1
NET MIGRATION
700K+ new residents since 2022
700K+ new residents since 2022
A+
A+
LANDLORD-FRIENDLY
Top 5 in the U.S.
Top 5 in the U.S.
+12%
+12%
RENT GROWTH CAGR
Since 2020 · national: +6.4%
Since 2020 · national: +6.4%
WHY JACKSONVILLE MSA
WHY JACKSONVILLE MSA
A market with the demand, jobs, and demographics
to back it up.
A market with the demand, jobs, and demographics
to back it up.
A market with the demand, jobs, and demographics
to back it up.
1.76M
1.76M
JAX MSA POPULATION
JAX MSA POPULATION
+1.42% projected growth 2025-2030
+1.42% projected growth 2025-2030
$82.6K
$82.6K
MEDIAN HH INCOME
MEDIAN HH INCOME
Projected $96.8K by 2030
Projected $96.8K by 2030
20K+
20K+
NAS JACKSONVILLE JOBS
NAS JACKSONVILLE JOBS
20,000+ NAS Jacksonville jobs · Active-duty + civilian personnel
20,000+ NAS Jacksonville jobs · Active-duty + civilian personnel
#1
#1
MAYO CLINIC
MAYO CLINIC
Ranked #1 hospital in Jacksonville
Ranked #1 hospital in Jacksonville
3rd
3rd
FASTEST-GROWING CITY
FASTEST-GROWING CITY
In the U.S. (2025)
In the U.S. (2025)
STRATEGICALLY POSITIONED
Strategically positioned. Surrounded by demand.
Strategically positioned. Surrounded by demand.
Strategically positioned. Surrounded by demand.
Adjacent to the First Coast Expressway, anchored by major healthcare and industrial employers, walking distance to retail,
and within Florida's 8th-ranked school district.
Adjacent to the First Coast Expressway, anchored by major healthcare and industrial employers, walking distance to retail, and within Florida's 8th-ranked school district.
Adjacent to the First Coast Expressway, anchored by major healthcare and industrial employers, walking distance to retail, and within Florida's 8th-ranked school district.


< 1 MILE
Ascension St. Vincent's Hospital
134 beds · Top-15 US health system
< 1 MILE
First Coast Expressway (SR-23)
First Coast Expressway
(SR-23)
$1.2B project · outer beltway by 2030
10 MIN
Oakleaf Town Center
800K SF · 6.3M visitors/yr · 9th busiest power center in FL
15 MIN
Cecil Commerce Center
$1.3B hub · 14,250 jobs at full build-out · Amazon, Bridgestone, Wayfair
35 MIN
Jacksonville International (JAX)
7.6M passengers · 200 daily flights · $300M expansion
AFTER THE LOCATION
Ready to take the
next step?
THE PROPERTY
A 2024 Class A+ asset, already performing.
A 2024 Class A+ asset, already performing.
A 2024 Class A+ asset, already performing.
Ascend Clay Town Center is a 300-unit, 3-story garden-style community completed in 2024 by D.R. Horton on a 28.98-acre site. Currently 96.3% occupied (vs Orange Park submarket 88.8%) and outperforming with +3.7% YoY rent growth (submarket: -1.1%). Premium finishes throughout — quartz countertops, stainless appliances, modern white shaker cabinetry, screened-in patios, and full-size washer/dryers in every home.
Ascend Clay Town Center is a 300-unit, 3-story garden-style community completed in 2024 by D.R. Horton on a 28.98-acre site. Currently 96.3% occupied (vs Orange Park submarket 88.8%) and outperforming with +3.7% YoY rent growth (submarket: -1.1%). Premium finishes throughout — quartz countertops, stainless appliances, modern white shaker cabinetry, screened-in patios, and full-size washer/dryers in every home.
319,290
TOTAL SF
1,064
AVG UNIT SF
28.98
ACRES
529
PARKING SPACES
Quartz countertops + designer white shaker cabinetry
Stainless steel appliance package + tile backsplash
Spacious tubs, dual vanities with framed mirrors
9-foot ceilings, walk-in closets, screened-in balconies
Full-size front-loading washer/dryer in every home
Smart Home Bundle: AT&T Fiber + Nest tech + valet trash
Quartz countertops +
designer white shaker cabinetry
Stainless steel appliance package +
tile backsplash
Spacious tubs, dual vanities
with framed mirrors
9-foot ceilings, walk-in closets,
screened-in balconies
Full-size front-loading washer/dryer
in every home
Smart Home Bundle: AT&T Fiber +
Nest tech + valet trash
FLOOR PLANS
Eight thoughtfully designed floorplans
Eight thoughtfully designed floorplans
Eight thoughtfully designed floorplans
Oversized layouts ranging from 775 to 1,568 sq ft. Optimal mix for young professionals (1BD),
couples (2BD), and families (3BD).
Oversized layouts ranging from 775 to 1,568 sq ft. Optimal mix for young professionals (1BD), couples (2BD), and families (3BD).
Oversized layouts ranging from 775 to 1,568 sq ft. Optimal mix for young professionals (1BD),
couples (2BD), and families (3BD).








50%
1 BEDROOM · 150 UNITS
40%
2 BEDROOM · 120 UNITS
10%
3 BEDROOM · 30 UNITS
AMENITIES
AMENITIES
Elevated features to suit your lifestyle.
Elevated features
to suit your lifestyle.
Elevated features
to suit your lifestyle.
A best-in-class resort-style community designed for modern renters — premium finishes inside, lakeside amenities outside. Full feature list compiled from the property website + apartments.com listing.
A best-in-class resort-style community designed for modern renters — premium finishes inside, lakeside amenities outside. Full feature list compiled from the property website + apartments.com listing.
A best-in-class resort-style community designed for modern renters — premium finishes inside, lakeside amenities outside. Full feature list compiled from the property website + apartments.com listing.
COMMUNITY AMENITIES · 18
COMMUNITY AMENITIES · 18













INTERIOR FEATURES · 15










SERVICES + CONVENIENCE
Included with every residence
Included with every residence
Included with every residence
✓ Wi-Fi throughout Clubhouse
✓ Air Conditioning
✓ High Speed Internet
✓ Valet Trash + Recycling Service
✓ Onsite Management
✓ 24-Hour Emergency Maintenance
✓ Onsite Retail + Grocery (nearby)
✓ Online Payments + Maintenance Requests
✓ Online Payments + Maintenance Requests
✓ Amenity Spaces
SMART FEATURES + SPECIFICATIONS
SMART FEATURES + SPECIFICATIONS
Modern conveniences integrated throughout the community.
Modern conveniences integrated throughout the community.
Modern conveniences integrated throughout the community.
Smart-home tech, fitness/wellness rooms, EV-ready parking, on-site storage, and a full play zone for the family — built into the community standard.
Smart-home tech, fitness/wellness rooms, EV-ready parking, on-site storage, and a full play zone for the family — built into the community standard.
FITNESS
Fit/Flex Room
FAMILY
Play Zone
EV READY
E/V Charging Stations
PARKING
Detached Private Garages
STORAGE
Storage Available
SMART HOME
Smart Living · AT&T Fiber
CLIMATE
WiFi Smart Thermostat
ECO GLASS
Eco-Friendly Windows
OUTLETS
USB-Port Electrical Outlets
LIVING
Resort Style Experience
FFFFFF
AFTER THE PROPERTY
Ready to take the next step?
Ready to take the next step?
THE TEAM
THE TEAM
The operators behind the deal.
The operators behind the deal.
The operators behind the deal.
$220M+ AUM · 1,957 units managed · $8M+ paid to investors · 25-28% historical returns.
You're investing alongside operators who do this every day.
$220M+ AUM · 1,957 units managed · $8M+ paid to investors · 25-28% historical returns. You're investing alongside operators who do this every day.
$220M+ AUM · 1,957 units managed · $8M+
paid to investors · 25-28% historical returns.
You're investing alongside operators who do this every day.
THE SPONSOR
THE SPONSOR
You're investing alongside operators who own and operate
this asset class every day.
You're investing alongside operators who own and operate
this asset class every day.
You're investing alongside operators who own and operate
this asset class every day.
$220M+
$220M+
$220M+
ASSETS UNDER MANAGEMENT
UNDER MANAGEMENT
1,957
1,957
1,957
UNITS MANAGED
$8M+
$8M+
$8M+
PAID TO INVESTORS
$1B
$1B
$1B
AUM GOAL BY 2030

CARLOS SALGUERO
CARLOS SALGUERO
Founder & President · CS3 Investments
Founder & President · CS3 Investments
Carlos Salguero is an Entrepreneur and Real Estate Expert with over 20 years of business and investment experience. After starting four 7-figure companies and exiting one for multiple 8 figures, he is now hyper focused on helping other winners invest in commercial real estate and build a $1 Billion portfolio.
Carlos Salguero is an Entrepreneur and Real Estate Expert with over 20 years of business and investment experience. After starting four 7-figure companies and exiting one for multiple 8 figures, he is now hyper focused on helping other winners invest in commercial real estate and build a $1 Billion portfolio.
20+ years of business and investment experience
Founded 4 seven-figure companies
Multiple 8-figure exit on prior company
Targeting $1B AUM by 2030 with Conservative Underwriting + Investor Alignment

ANDREW CORDLE
ANDREW CORDLE
Founder & CEO · Money Is
Andrew Cordle is an Entrepreneur, Wealth Strategist, and in-demand Public Speaker with over 20 years of business and investment experience. Known as America's #1 Tax Strategist for Entrepreneurs, he founded Money Is to share the wealth-building strategies of the 1% with high-income operators and has built a $400M+ portfolio focused on tax-advantaged, audit-proof wealth.
20+ years of business, investing, and wealth strategy experience
$400M+ personal investment portfolio
3x Bestselling Author + Founder of Money Is and Aspire
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MORE FROM CS3 INVESTMENTS
See more of what we've built.
See more of what we've built.
Browse our complete portfolio, $220M+ AUM, 1,957 units managed, and our full team across
multiple Class A multifamily properties.
Browse our complete portfolio, $220M+ AUM, 1,957 units managed, and our full team across multiple Class A multifamily properties.
Browse our complete portfolio, $220M+ AUM, 1,957 units managed, and our full team across
multiple Class A multifamily properties.
INVESTOR REVIEWS · WHAT PEOPLE ARE SAYING
Hear from CS3 investors and residents.
Hear from CS3 investors
and residents.
Hear from CS3 investors
and residents.
Real stories from people who've invested with CS3 or live in our communities
Verified reviews from Google, Apartments.com, and investor referrals.
Real stories from people who've invested with CS3 or live in our communities
Verified reviews from Google, Apartments.com, and investor referrals.
Real stories from people who've invested with CS3 or live in our communities Verified reviews from Google, Apartments.com, and investor referrals.
LIMITED ALLOCATION
Save your spot in Ascend — join the deal today
Save your spot in Ascend — join the deal today
Save your spot in Ascend
join the deal today
Allocation is limited and reserved for accredited investors. Submit your details and a CS3 Investor Relations agent will personally reach out to walk you through the opportunity — join before spots run out.
Allocation is limited and reserved for accredited investors. Submit your details and a CS3 Investor Relations agent will personally reach out to walk you through the opportunity — join before spots run out.
Personal call from a CS3 Investor Relations agent
Personal call from a CS3 Investor Relations agent
Personal call from a CS3 Investor Relations agent
No obligation — just a no-pressure conversation
No obligation — just a no-pressure conversation
No obligation — just a no-pressure conversation
Spots filled on a first-come, first-served basis
Spots filled on a first-come, first-served basis
Spots filled on a first-come, first-served basis

Building wealth through Class A multifamily commercial real estate.
This is a confidential investment offering for accredited investors only under SEC Regulation D 506(c). Information presented is believed to be reliable but not guaranteed. Past performance is not indicative of future results. All investments involve risk including loss of principal. Prospective investors should consult their own tax, legal, and financial advisors. For full disclosures visit cs3investments.com/disclosures.

Building wealth through Class A multifamily commercial real estate.
This is a confidential investment offering for accredited investors only under SEC Regulation D 506(c). Information presented is believed to be reliable but not guaranteed. Past performance is not indicative of future results. All investments involve risk including loss of principal. Prospective investors should consult their own tax, legal, and financial advisors. For full disclosures visit cs3investments.com/disclosures.

Building wealth through Class A multifamily commercial real estate.
This is a confidential investment offering for accredited investors only under SEC Regulation D 506(c). Information presented is believed to be reliable but not guaranteed. Past performance is not indicative of future results. All investments involve risk including loss of principal. Prospective investors should consult their own tax, legal, and financial advisors. For full disclosures visit cs3investments.com/disclosures.