Purchased in July 2024
$63.5 million acquisition, appraised at closing for $68 million.
$22M total equity, Single Asset Fund Targeting 16-18% IRR (net to investor) over a 3-4 Year Term, Including a 6% Current Yield
$6 MILLION SPONSOR BRIDGE PROVIDED AT CLOSING, AVAILABLE TO COMPLETE THE CAPITAL RAISE.
16% - 18%
IRR
$6M
Remaining Raise
268
Units
2023
Built
Strong Market Fundamentals
Florida continues to see significant growth in population, jobs, and personal income, creating a thriving market for real estate investments.
Tax & Regulatory Benefits
Florida offers a no state income tax policy and lacks rent control regulations, enhancing the potential for higher returns.
Experienced Sponsor
The fund’s sponsor owns and manages over 5,000 units across five states, demonstrating extensive experience and a proven track record. The Tampa office alone manages 1000+ units locally.
Vertically Integrated Operations
The sponsor’s vertically integrated platform includes acquisitions, construction, and property management, ensuring cost efficiency and maximizing investor returns.
Cocoa Grand: Property Advantages
Learn more about this opportunity below
INVEST IN THE COCOA GRAND INVESTMENT OPPORTUNITY
Are you interested in investing with Sinatra & Co? We would love to speak with you.