EXCLUSIVE MULTIFAMILY
PASSIVE INVESTMENT OPPORTUNITY

HOUSTON, TEXAS

ELAN MEMORIAL PARK

IRR
%
Avg. annualized returns
%
Equity Multiple
X+

Real Estate Investing:
Fueling Your Lifestyle and Hedging Against Inflation

ELAN MEMORIAL PARK INVESTMENT SUMMARY

2016

Built

297

Units

8

Retail Spaces

3-5 years

Holding Period

70/30

cashflow spilt with GP

$83,500,000

Purchase Price

$25M

Equity Amount

97%

Occupancy

50/50

profit split after 2.15x

$25M

Equity Amount

297

Units

8

Retail Spaces

2016

Built

70/30

cashflow spilt with GP

$83,500,000

Purchase Price

3-5 years

Holding Period

97%

Occupancy

50/50

profit split after 2.15x

FULLY REALIZED INVESTMENTS

FLATS AT 2030

Phoenix, AZ

Underwritten

Value Increase

$7M

Holding Period

5yrs (60 months)

Equity Multiple

2X

IRR

15.9%

Avg Annualized Return

20.6%

Exit Total Return

103%

ACTUAL

Value Increase

$20M

Holding Period

3yrs (38 months)

Equity Multiple

3.59X

IRR

50.11%

Avg Annualized Return

81.78%

Exit Total Return

259%

TESORO AT 12

Dallas, TX

Underwritten

Value Increase

$4.75M

Holding Period

5yrs (60 months)

Equity Multiple

1.96X

IRR

15.9%

Avg Annualized Return

19%

Exit Total Return

96%

ACTUAL

Value Increase

$13.55M

Holding Period

2.8yrs (32 months)

Equity Multiple

2.7X

IRR

51%

Avg Annualized Return

56%

Exit Total Return

170%

TAKE YOUR INVESTING TO THE NEXT LEVEL
If you have BIG financial goals and want to play in the big league of real estate investing…

ELAN MEMORIAL PARK OVERVIEW

  • Great Location posh area; centrally-Located next Memorial Park next door, which create a signature, urban lifestyle unmatched by its peers.

  • Unmatched amenities in its asset class; amenity-rich asset.

  • Ultra-luxe, mixed-use development features best-in-class amenities - including upscale retail on-site.

  • Excellent walk score of 73% compared to Houston average of 40%. Recent lease momentum shows an average of 18% rent increase, based on the last 13 new leases.

  • Excellent unit mix of 1-bedroom and 2-bedroom units with average unit size being 943 sq. ft.

  • Very well maintained and run by the institutional owner.

  • Tenant average income is 166K which is 7X the avg rent payment.

LOCATION OVERVIEW

Houston has experienced a significant population in the last 2 decades

Rents are significantly below market comps

Recent lease trends are proven concepts to achieve market rent

Operational upside through efficiencies and expense reduction

Excellent location near major employment hubs

Residents have direct access to multiple transportation nodes

TOP 4 LOCAL INDUSTRIES
Processional & Business Services
25%
Financial Activities
16%
Trade Transportation & Utilities
13%
Education & Health Services
16%
MEMORIAL PARK
Total Homes
618
Average For Sale Price
$1.99MM
Average For Rent Price
$4K/Month
3-MILE RADIUS SUMMARY
Rental Occupied Households
54.8%
Average Household Vehicles
2.0
<30 Mins Commute To Job
71.6%
Average Age
38.9
College Degree
74.2%
$nbsp;
Average Household Size
1.8
Total Jobs
180,545
Total Population
168,860
Single
70.4%
Total Households
89,138

YOU HAVE MORE THAN ONE REASON TO INVEST

It’s easier to
get started

You'll get consistent & steady cash flow

You’ll be earning passive income

Investments have greater stability

You'll have better annualized returns

It offers unique tax benefits

You’ll have more time on your hands

You’ll add diversity to your portfolio

OUR VALUES

finding multifamily deals

Respect

You got to give it to get it, even if it’s a simple “thank you”.

Diligence

The devil’s in the details and we know where to look.

Transparency

When everyone’s on the same page there are no surprises.

Obsession

The wheels never stop when you love what you do.

Creativity

Real Estate is art. Why not make it beautiful?

Maximize Your Returns:
Why Investing in Real Estate with Us is a Smart Choice

You Stay
Ahead of Inflation

Boost your savings for retiring early

creating generational wealth with passive Income

TAKE A TOUR

Exterior

Interior

YOU HAVE MORE THAN ONE REASON TO INVEST

It’s easier to
get started

You'll get consistent & steady cash flow

You’ll be earning passive income

Investments have greater stability

You'll have better annualized returns

It offers unique tax benefits

You’ll have more time on your hands

You’ll add diversity to your portfolio

INVESTMENT PROCESS

Link to subscription
docs will be provided
STep 1
Review and sign
all documents
Step 2
Verify wire
instructions
Step 3
Wire funds. Accepted on a first-come-first-served basis
Step 4

IMPORTANT FAQS

Yes, via our Cost Segregation & Depreciation approach.
$50,000 is the minimum. Larger amounts are preferred, others on a case-by-case basis.
We have a combined 10+ years of experience in Ownership, Renovation, Acquisition & RE Development.
No, this opportunity is available now and will close as subscriptions are filled.
Please reach out to me by scheduling a free discovery call

Ready to Experience the Power of
Passive Real Estate Investing?

Take advantage of this exclusive opportunity by investing with Kendu Bay Properties…

NEW MULTIFAMILY

PASSIVE INVESTMENT

OPPORTUNITY

Invest in Your Future with ELAN MEMORIAL PARK – Houston, Texas
Premier Multifamily Passive Investment Opportunity.

PLAY VIDEO

IRR
%
Avg. annualized returns
%
Equity Multiple
x+

WHY INVEST IN THIS DEAL

  • ROI (<=5 years) - Class B – 2.0x+

  • Rents below $100+ Comps
    $100K+ in other income opportunities

  • Core Class A+
    Great location near employment centers

  • Very Affluent demographics (Avg. Income $166k)

  • Reversion (Exit) Cap-rate => 100 basis points above entry cap rate

  • 100% year-1 write-off due to Cost Seg. Study and bonus depreciation.

  • Experienced sponsorship team with over 10 years in real estate investments.

  • Experienced and reputable property management company with a strong track record.

TOP 4 LOCAL INDUSTRIES
Processional & Business Services
25%
Financial Activities
16%
Trade Transportation & Utilities
13%
Education & Health Services
16%
MEMORIAL PARK
Total Homes
618
Average For Sale Price
$1.99MM
Average For Rent Price
$4K/Month
3-MILE RADIUS SUMMARY
Rental Occupied Households
54.8%
Average Household Vehicles
2.0
<30 Mins Commute To Job
71.6%
Average Age
38.9
College Degree
74.2%
$nbsp;
Average Household Size
1.8
Total Jobs
180,545
Total Population
168,860
Single
70.4%
Total Households
89,138