Where should we send your Townhomes at Equinox on Lincoln Phase II Investor Kit Access?
1031 eligible
Solo 401K, SD-IRA, QRP
506c for Accredited Investors
1031 eligible
506c for Accredited Investors
Our team built 93 beautiful rental townhomes in Phase 1 and tenants love them
(28 five-star tenant reviews this year).
Phase 2 will be built as 75 additional rental townhomes.
Townhomes at Equinox on Lincoln PHASE II – Investor Presentation Replay
Request Townhomes at Equinox on Lincoln
Phase II investor Kit
The Phase II business plan and expansion strategy
How Phase I performance informed Phase II underwriting
Why construction and operating costs still work in Idaho Falls
The addition of amenities that benefit both Phase I and Phase II
Investment structure and participation details for accredited investors
Where should we send your Townhomes at Equinox on Lincoln Phase II Investor Kit Access?
An accredited investor, in the context of a natural person, includes anyone who:
Has earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior 2 years and reasonably expects the same for the current year,
OR has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person's primary residence).
#1 Best Performing Small City 2021, 2023 & 2024 (Milken Institute)
It is extremely hard to rank #1 for best small city a single year, let alone three out of the past four years. It’s mind boggling! The city is growing like gangbusters and has crazy good income and population growth.
Following Successful Build-to-Rent Blueprint
This project is in the same metro, has a very similar community and building design, and the same target renter as Equinox on Lincoln – Phase I, our massively successful and profitable Build-to-Rent townhouse project.
Increasingly Affluent Neighborhood
Ideally located in the Idaho Falls Northeast Submarket, an increasingly affluent middle class micro neighborhood with strong income, population and job growth. One of the lowest unemployment rates in the U.S.
Projected Returns
Photos from Completed Phase I Homes
Phase II will match these finishes, layouts, and specifications exactly.
[Actual pictures of townhomes in Phase 1]
AERIAL TOUR
Resident Reviews
Don't just take our word for it—hear from our residents!
From the very beginning, Emma went above and beyond to make our move from more than 18 hours away smooth, supportive, and stress-free. When we arrived, the townhome and community exceeded our expectations. We feel incredibly lucky to live here, and this will be our home for the long term.
We have found our home. The townhomes are spacious, cozy, and well insulated, but the best part is the amazing management. Emma feels like an old friend and is the reason we chose Equinox over a less expensive property. We love it here. It feels good to be home.
We just moved in, and we love it. Emma helped us through the entire process of touring, applying, and moving in. There is plenty of space and storage, our girls love having their own rooms, and the community is both family-friendly and pet-friendly.
The community is very welcoming, and the staff responds quickly whenever something needs attention. Emma has been patient, responsive, and incredibly helpful as a first-time renter. Thank you for creating such a wonderful living environment for my family.
We had a super-easy move-in process, and Emma and Ty were kind and helpful every step of the way. When we had a small appliance issue, they made it right immediately. Our new home is gorgeous, with beautiful finishes, and you definitely will not regret living here.
Townhomes
Community
That Cares
Peaceful & Convenient
Every Step of the Way
Top Reasons We Love This Opportunity
Proven Profitable Business Plan
This project improves on the development of a proven, successful and profitable townhouse community
Metro with explosive growth
A super star metro with stellar population growth and a thriving economy
Build-to-Rent
Investor-friendly new construction significantly reduces maintenance, increases tenant desirability, and comes with warranties and guarantees
Experienced BTR development team
A history of success on construction projects
The Perfect Metro for New Construction
Idaho Falls has low construction costs, low property taxes, and low insurance costs, leading to a relatively higher NOI than other markets.
Worst time EVER to buy a home
More people are forced to become tenants in the rental market
Rents do really well in times of high inflation
Historically, rents rise faster than expenses
An ENTIRE generation of potential home owners may NEVER be able to buy a house
Where should we send your Townhomes at Equinox on Lincoln Phase II Investor Kit Access?
“The real estate landscape in Idaho Falls has shifted dramatically in the past three years, and we have witnessed a significant increase in demand for rental properties. Developers such as Grocapitus are a welcome addition… it is my pleasure to express support, on behalf of the City of Idaho Falls, for the residential project Grocapitus is constructing.”
Mayor’s Office of Economic DevT, City of Idaho Falls
Phase 2 Overview (validated by Phase 1 results
The Townhomes at Equinox on Lincoln Project Phase II is a 75-unit townhome development with 3-bedroom, 2.5-bath units. Each townhome unit is 2 stories with a two-car garage parking. The design features an open-living concept with large spaces for comfortable living.
By using stick-built construction we are able to complete the project extremely quickly using a simple, proven method that is relatively inexpensive.
Townhomes at Equinox on Lincoln has been designed to be investor-friendly while meeting the needs and desires of tenants, including:
Luxury flooring and stainless steel appliances
Master bedroom with a walk-in closet and a private bathroom with shower
two-car garage with private driveway and abundant guest parking
Community amenities include a common playground, BBQ area, and a fenced in dog park and dog run.
In 2026, a clubhouse will be built, which includes a gym, large hot tub, larger barbecue area with pergola, large community room, internet café, and leasing office.
Where should we send your Townhomes at Equinox on Lincoln Phase II Investor Kit Access?
In 2026, a clubhouse will be built, which includes a gym, large hot tub, larger barbecue area with pergola, large community room, internet café, and leasing office.
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Gathering Area (800SF)
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Well-Equipped Gym
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Leasing Office
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Internet Kiosks
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Maintenance Shop
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Storage Area
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Large Hot Tub (10–12 capacity)
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Elevated Patio
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Pergola
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Barbecue Area
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Plenty of Seating
Our Flourishing Small Metro, Idaho Falls
Located in Eastern Idaho, Idaho Falls is a super star metro with explosive growth and a thriving economy. It has best-in-the-nation job growth from a diverse range of industries. During Covid, Idaho Falls saw the fastest job growth rate in the country and experts are predicting future job growth of over 40% in the next decade.
Here are some awards and accolades that highlight why we think Idaho Falls is a phenomenal metro for real estate investors:
40.4% Job growth since 2013
2.7x Faster job growth vs U.S. (2013 – 2023)
With high-paying jobs and remote working the new norm, Idaho Falls is an attractive place to live. People are moving here because of the jobs, quality of live, and the diverse economy. We see nothing but good news ahead for real estate investors that invest in this metro.
Where should we send your Townhomes at Equinox on Lincoln Phase II Investor Kit Access?
Why Build in This Micro Neighborhood
The project site sits in one of Idaho’s fastest-growing regions — minutes from downtown, close to major employers and three universities, with convenient access to the regional airport, Boise, and Salt Lake City.
~3.1–3.6% Unemployment
Idaho Falls MSA unemployment has remained in this range through early 2026, well below the national average — reflecting a deep, resilient local job market.Source: U.S. Bureau of Labor Statistics
+11.3% Family Income Growth
Median family income for the Idaho Falls MSA rose from $85,500 to $95,166 between 2022 and 2023 — the fastest family income growth of any metro in Idaho.
Source: Idaho Dept. of Labor / U.S. Census Bureau
+4.9% Population Growth (3-yr)
Idaho Falls MSA population grew 4.9% cumulatively from 2022 to 2025, averaging 1.6% annually — among the fastest-growing metro areas in the country.
Source: U.S. Census Bureau
+9.6% Home Appreciation (3-yr)
Idaho Falls MSA home prices rose 9.6% cumulatively from Q1 2023 to Q1 2026, averaging 3.1% annually — outpacing national home price forecasts.
Source: Federal Housing Finance Agency
Where should we send your Townhomes at Equinox on Lincoln Phase II Investor Kit Access?
A Stellar Development Track Record
With Townhomes at Equinox on Lincoln, we are building on our early adoption of BTR community development, with multiple successful BTR projects:
Equinox Townhomes Idaho Falls
66 unit build-to-rent townhome community with an open-living design concept.
University Oaks - Houston, TX
32 unit Class A+ ultra-modern multifamily community with optimized amenities.
Our significant BTR experience, coupled with our solid track record of executing on new construction projects in a variety of commercial real estate sectors, positions us to deliver outstanding results for our investors.
Coyote Creek Apartments in St. George, Utah
The Grid student housing in Buffalo, NY
Woods Cross Flex-industrial in Woods Cross, Utah
Park Canyon super value-add multifamily in Dalton, Georgia
Where should we send your Townhomes at Equinox on Lincoln Phase II Investor Kit Access?
The Housing Shortage Crisis
“The U.S. needs to build 4.3 million more apartments by 2035 to meet the demand for rental housing. This includes 600,000 total units to fill the shortage from underbuilding after the 2008 financial crisis.”
There is a Staggering Pool of Renters
High interest rates coupled with high home prices has made this the absolute worst time ever to buy a home, even worse than 2005 and 2006! As a result, the cost of ownership vs the cost of renting is completely out of whack, and has the widest gap on record:
Cost of Ownership vs Cost of Renting
While there are tens of millions of potential home owners, they simply cannot afford to own a home:
The monthly payment for a median price single-family home has soared the past 3 years
As a result, the income needed to own even a starter home was up a staggering amount
Even if home prices fall and mortgage rates drop in 2026, it will make sense for most people to continue renting, supporting multifamily demand for years.
Where should we send your Townhomes at Equinox on Lincoln Phase II Investor Kit Access?
Phase I and II Execution: Proof, Not Projections
How We Select Development Markets.
Rent Growth
The 5 year rent growth forecast is one of our key indicators. We use a powerful proprietary method to calculate this value.
Rent Growth
The 5 year rent growth forecast is one of our key indicators. We use a powerful proprietary method to calculate this value.
Sales Trends
We continuously monitor local sales to compute cap rates and determine whether our cap rates are on target to reach our projections.
Sales Trends
We continuously monitor local sales to compute cap rates and determine whether our cap rates are on target to reach our projections.
Employment
We look for metros and submarkets that are adding a significant number of high-paying jobs, resulting in a stable local economy.
Employment
Supply And Demand
We monitor the supply of local units carefully to ensure it will not spike the vacancy rates and negatively impact rents.
Supply And Demand
We monitor the supply of local units carefully to ensure it will not spike the vacancy rates and negatively impact rents.
Projected Returns
This material does not constitute an offer or a solicitation to purchase securities. An offer can only be made by the Private Placement Memorandum (PPM). The PPM and its exhibits contain complete information about the Property and the investment opportunity. The information contained herein is not a substitute for an investor’s complete review of all of the information attached to the PPM as part of their own due diligence regarding this investment opportunity and its suitability for their investment portfolio.