Nova RTP TOWNHOME Buyer KIT
Construction Completing (Flexible 1031 Timelines)
Solo 401K, SD-IRA, QRP
5% Fixed Interest Rate for Two Years
Buyer Resources
Offering Memorandum
Excel Model
Investment Kit
NEW! Investment Overview including HD Video Tour
NEW! HD Video Tour of a Townhome
Next Steps
Join a 1-1 call with our Investor Relations Manager.
For 1031 Exchange information, schedule a one-on-one call.
Modern Design & Luxury Amenities
5% Locked-In Interest Rate!
Fixed interest rates at 5% for two years with a lender of your choice. This system gives you peace of mind—in a world of volatile interest rates, you’ll be locked in, allowing you to take advantage of the true benefits of inflation.
High-Income Economy
The Research Triangle Park area is home to three of the most advanced hospital systems in the country and tech giants such as Google and Apple are adding thousands of high-paying jobs to the area.
Projected Returns (Assuming a 10 Year Hold)
8.4%
Avg Gross Rent Yield
$46.8K
3.0X
Equity Multiple
20.1%
Avg Annualized Return
Take a Sneak Peak Inside a Townhome
Top 10 Reasons to Own an RTP Nova Rental Townhome
This location is one of the most explosive in the US. Adjacent to Duke, UNC Chapel Hill, and NC State—this area is a hub for technology innovation and medical science.
According to Zillow, this area has seen a 36% home price growth in the last 12 months and is expected to continue climbing.
With Apple and Google expected to invest billions of dollars in this area, tenants could include top minds from these tech giants.
Nearby, Raleigh, NC, ranks #1 in the country for six-figure earners.
Qualified investors can purchase up to 19 units.
You’ll be an outright owner of each unit, collecting 100% of profits.
Once construction of all amenities is completed this year, we expect a substantial uplift in rents.
Using the lender of your choice, lock in a 5% interest rate for 2 years.
At 2.5%, this is the lowest corporate tax in the entire country, attracting quality employers.
Over a quarter million new residents in the last decade—growing 3X faster than the U.S.
Residents of Research Triangle Park are highly educated. In fact, 47% of the population has a Bachelor’s Degree or higher. And this area is home to the 4th highest concentration of PHDs in the entire country.
An Overview of the Nova RTP Project
Construction is closing on 46 luxury townhomes in an innovative rental community right in the heart of Durham, NC. Each townhome is incredibly spacious, with three bedrooms, three bathrooms, and an oversized entertainment deck that occupies much of the third floor. Built in a community designed to spark inspiration, modern amenities like shared workspaces, a community kitchen, a fitness center, and a dog park are all part of the final construction plans.
Nova RTP is an exceptional opportunity with investor-friendly incentives like a locked-in interest rate of 5% for two years. Townhomes are designed with tenants in mind, offering comforting upgrades like:
Luxurious Quartz Countertops
High 10’ 8” Ceilings
Energy Star Stainless Steel Appliances
Modern Internal Finishes
This community will be an outdoor lovers’ paradise. Carefully designed lush landscapes and nature blends give way to gorgeous walking trails, a pond adjacent to the dog park, and a BBQ area. Tenants can even put their green thumb to the test at the community garden. This project truly embodies modern luxury, boasting amenities that young professionals are passionate about.
Why Townhomes?
Townhomes have been snowballing in popularity year after year. Compared to condos, townhomes only share one wall with neighboring units, allowing tenants to occupy all space from the ground to the roof. This structure makes owners and renters feel they’re getting more bang for their buck. Even more, townhomes offer locational benefits, as they’re most prevalent in urban areas—offering residents closer commutes to their workplace.
For example, in Research Triangle Park, where hospital and high-tech jobs are abundant, high-earning commuters need close proximity to their workplace while still enjoying the spacious amenities of living in a townhome.
Investing in Nova RTP allows you to take advantage of this young professional lifestyle trend, adding a solid dynamic to your investment toolbox and potentially leading to generational wealth.
Avinash P, Grocapitus Investor
What Makes North Carolina so Great?
There are several reasons why people from all over the country are flocking to the Southern United States, more specifically, North Carolina and the Research Triangle Park region. Living an outdoor-centric lifestyle became increasingly popular among young professionals during the COVID-19 pandemic, and North Carolina has abundant outdoor activities. Durham sits in the perfect location to meet the needs of those who crave relaxation on the beach and those who love mountainous adventures. The Atlantic Coast is 130 miles East of Durham, and the Appalachian Mountains are 140 miles West. This prime location allows for simple-to-plan weekend trips full of fun.
But even more, the cost of living is relatively low for a mid-sized urban area. Young professionals who are beginning to blossom in their careers can comfortably reside in this region without having to scrape by. Mild weather, abundant culture, retail shopping, and artisanal restaurants scattered throughout the area—Research Triangle Park truly has it all.
Ranked #7 in the nation for higher education
Central location between New York, Miami, and Chicago
Booming tech and healthcare hub
4th highest concentration of PhDs in the country
Destination Durham
Google constructed its engineering hub in Durham, creating 1,000 jobs, and is now expanding into the downtown area, building a new community that will be known as the innovation district—a mixed used area with office, housing, and result spaces. Research Triangle Park has fast-tracked its way into becoming the second-largest tech hub in the United States, with over 4,000 companies and 60,000 employees flooding the area. Among these prospective tech giants eyeing the area is Meta, the parent company of Facebook. This type of interest from prominent players clearly indicates that Durham has a similar appeal as Austin, TX, did a decade earlier. On average, residents working in these tech roles make $121,000 a year, contributing to $14.6 billion in Gross Regional Product. Here is a list of a few other tech giants that have settled into this area
Among Durham residents, there is a homeowner vacancy rate of 1.2%
Rate.com
An Educated Community
The Nova RTP community will be a micro-neighborhood occupied by young professionals on the path to career advancement. But more than just career development, this area offers a wide range of night and daytime activities that keeps a younger crowd entertained. With quick access to downtown Durham and nearby Raleigh, Nova RTP sits in a prime location for young professionals to enjoy an ideal work/ life balance. The area is filled with tons of activities and rich culture.
Cafes, parks, sports, and nightlife are abundant between these two cities. Whether seeking a night or on the town or looking for a nature-inspired getaway, you can find everything within close proximity to Nova RTP.
Convenience
Convenience is key at Nova RTP. The location is 20 minutes or less from all of the following:
Raleigh-Durham International Airport [RDU]
Duke University
UNC-Chapel Hill
Southpoint Mall
Brier Creek Shopping Center
Downtown Durham Metro
Durham Performing Arts Center
PNC Arena
Farzana P, Grocapitus Investor
Property Management
Nova RTP townhomes are perfect for those who prefer to self-manage properties. New construction with a one-year builder warranty gives you sound coverage. Modern design and premium location are attractive to upper-income tech and healthcare workers that you can count on to do their part to maintain property integrity.
1031 Exchange Buyers
With townhomes being completed every few weeks, this is an excellent opportunity to purchase a brand new townhome in a stable market, matching up with your 1031 timelines. These timelines are flexible from February 2023 to June 2023.
Cash Flow for Life
Whether you buy 1 unit or 19 units, you’ll create a foundation for long-term cash flow that can be passed on to your children, grandchildren, and great-grandchildren. With the boom that’s happening in the Research Triangle, this area is a playground for investors that have a keen eye for the next big opportunity—and you could be one of them.
Given annualized returns of 20.1%, this is a gold mine investment that you’ll want to take advantage of while you have the chance to.
Grocapitus Interest Rate Protection
We’re offering a unique interest rate program that puts you in the driver’s seat. You’ll be able to lock in a rate of 5%, with a lender of your choice, for two years of credit. This system gives you peace of mind—in a world of volatile interest rates, you’ll be locked in, allowing you to take advantage of the true benefits of inflation.
Assumptions and Financial Projections
Nova RTP townhomes are extremely attractive to the savvy investor. Here’s a quick breakdown of net profit on a 10-year hold (you can hold as long as you’d like):
Price
$558,670 ($230sq/ft)
Down payment
$167,600
(assuming 70% LTV)
Annual gross rent
$46,829
Annualized return
20.1%
Equity multiplier
3.0X
Net Cash on Cash
6.0
NEAL BAWA
CEO and Founder
ANNA MYERS
Chief Operating Officer
Next Steps
