Our Portfolio
Equinox at Knight · Atlanta, GA
1.9x
15.6%
8.5%
This well maintained value-add 194 unit project in suburban Atlanta is in a submarket with incredible schools, and offers projected cash flow of 8% from 2020 onwards. The property projects a 1.9X equity multiple with an 18% avg. annual return. Issuing distributions. LEARN MORE
Mill Race · Provo, UT
2.77x
17.56%
17.7%
This gorgeous landmark mixed-use (multifamily, office, condo, retail) project is the biggest project being constructed in Provo, UT. It’s a $130MM, 4-phase project, with Phase 1 funded and Phase 2 opening for investment soon. Opportunity Zone fund eligible. LEARN MORE
WINDWARD FOREST · Atlanta, GA
In spite of COVID-19 Windward Forest sold with a 22% IRR and 24% AAR vs 18% and 21% projections. It was our first property in East Atlanta, a 216 unit Class C value-add opportunity acquired in 2018. The Grocapitus Efficiency Center played a vital role to keep occupancy high (avg 95%+) and added a whopping 6500 leads which led to 31 leases, increasing the value by $358,714.
The Grid · Buffalo, NY
22%
17.29%
10.53%
This 217 unit student housing development in Buffalo, NY is in construction. General Partners contributed an astonishing 85% of the equity for this stunning iconic project next to the Medical campus at the university. Construction just completed. Fully subscribed. LEARN MORE
PARK CANYON · Dalton, GA
16.30%
19.60%
$75,000
Located in Dalton GA, Park Canyon is a 151 unit stabilized Class B multifamily in the high growth corridor between Chattanooga and Atlanta. Acquired November 2018, the property has overperformed continuously. Issuing distributions since inception and finishing construction on 29 additional units. LEARN MORE
NOVA RTP · Durham, NC
1.36x
24.3%
$75,000
Our most unique project, Nova RTP1 is a no-debt venture to build and sell 46 contemporary townhomes in Durham, North Carolina. Due to its unique no-debt structure and short term timeframe, the project was 3X oversubscribed within a week of it’s launch. Currently in construction. LEARN MORE
PARK LANE · Houston, TX
1.84x
22%
28.1%
Our second boutique Quadplex project is a collection of bayou & park-frontage, branded, designer Class-A small balance wellness focused multifamily residences. Park Lane Houston is in one of the fastest growing cities in the U.S. Project fully subscribed for syndication, open for investors to purchase quadplexes directly from us at cert of occupancy. LEARN MORE
Lakewood Oaks · Jacksonville, FL
2.0x
17.6%
19.9%
Our first project in Jacksonville FL is a 138 unit Class C (vintage 1974) in an emerging Class B area, acquired in Feb 2019. With under market rents, and no renovated units, this is a true value add. We are re-branding and reposition it, and exploring the possibilities to build 32 additional units. Issuing distributions. LEARN MORE
Coyote Creek · St. George, UT
3%
19%
$75,000
This 116 unit new construction apartment complex in St. George has incredible projected numbers. This project was oversubscribed within a week of launch. Construction on the project is well ahead of schedule and the project will open its doors in Q4, 2020. LEARN MORE
Falls at Crismon Commons · Mesa, AZ
2.0x
19.1%
25%
New stunning, modern ground-up 240-unit A class property in high-growth sun-belt metro Mesa, AZ. Development includes allocation of 40 vacation rentals and 200 long-term rentals architected to maximize income and profits. Ground-up construction commences Q4 2020 with completion expected by Q3 2022. Phase 2 open for investment. LEARN MORE
Storage Depot · West Memphis, AR
2x
20.33%
14%
Our first self-storage project, Storage Depot is a 718 unit value-add storage facility with adjacent land for expansion. We will rebrand and reposition it as a green facility by adding two solar arrays to power the entire complex, more climatized storage units, RV parking, as well as an EV charging station in order to maximize rent. Fully subscribed. LEARN MORE
University Oaks · Houston, TX
2.14x
18.58%
22.93%
Our first post-Corona project is a reinvention of how we create projects. This new construction Class A Multifamily project is more flexible and resilient than other projects. Discover why investors loved this project with multiple exit strategies to a larger pool of buyers on exit AND the ability for investors to purchase a fourplex AFTER construction! LEARN MORE
Woods Cross Flex Industrial · Salt Lake Metro, UT
20.2%
22%
13%
Our first Industrial project launched Aug 2020. Woods Cross is a short-term shovel ready FLEX Industrial in Salt Lake City metro, with a projected 3 year exit. Fully zoned and entitled, with entitlement risks removed, 6 Buildings total with 2 buildings pre-leased. Land purchased, permits and lending terms in place. Fully Subscribed. LEARN MORE
CHELSEA PLACE · Lithonia, GA
14.90%
20.40%
$75,000
Located less than 2 miles from our Windward Forest property, Chelsea Place is more upscale with town house type units, beautiful foliage and rolling terrain. This 174 unit property was purchased in Dec 2018 and is undergoing rehab. Issuing distributions. LEARN MORE
BRANDON PROPERTIES · Hegeswich, IL
Collection of 2005-built brick Triplexes in a gated community in Hegeswich, IL. Purchased in 2013, value of portfolio is now up 30%+. The portfolio has been consistently cash flowing at over 16% annualized cash on cash, so the investor group has no plans to sell the portfolio.
Equinox on Prince · Tucson, AZ
2.05x
17.33%
20.58%
Purchased March 2019, our first property in Tucson, AZ is a 114 unit property in a growth area with new medical centers and malls nearby. Under market rents and tired units provide true value add opportunity. We’ve boosted occupancy by over 10% and rents by over $150 per unit in our 1st six months of ownership. Issuing distributions. LEARN MORE
FAIRVIEW · Greenville, SC
Acquired September 2020, our first property in Greenville, SC is a 120 unit property in a stable growth area with cumulative effective rent growth of 15.9% (3.2% annually) and an average occupancy of approximately 95%.
Grocapitus Direct Portfolio
Well diversified by geography and project type, Grocapitus’ Direct Portfolio of 17 investments (1 sold) across the United States is valued at $345.3 million.
Grocapitus’ largest exposure to any single asset is its interest in The Falls at Crismon Commons, located in Mesa, Arizona and valued at 15.4% of the Direct Portfolio. Grocapitus’ exposure to multifamily and student housing represents 89.1% of the Direct Portfolio’s value.
Grocapitus also owns two industrial projects, Woods Cross Flex and Storage Depot, which represents 10.9% of the Direct Portfolio’s value.
