Скачать или смотреть Clear Capital Offering - Landing Point Apartments

We are excited to announce Clear Capital’s 23rd  Investment Offering, Landing Point in Salt Lake City, Utah. The 126 unit complex offers a majority of 2-bedroom floor plans and fifteen 1 bedrooms. 
 
Landing Point presents an opportunity to purchase an asset in a bustling urban community in Salt Lake City. Utah ranked 1st in the nation as the fastest growing state since 2010, with a 17.6% year over year population growth recorded in the 2020 Census. The property is well located near interstate 15, 80 and 214, providing a short commute to jobs, education, retail offerings and downtown Salt Lake City. 
 
Landing Point is well positioned for organic rent growth due to the low supply of housing in the submarket. There is operational upside through a systematic interior renovation program of 63 out of 126 units. Landing Point presents a true value - add opportunity to acquire an asset below replacement cost in a premier submarket of Salt Lake City.
 
5 Year Project Level Returns: 
15.09% IRR
6.10% Cash on Cash
1.91x Equity Multiple

Click here to learn more about our latest investment offering: https://lnkd.in/gvj_Vn5

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