Solo 401K, SD-IRA, QRP
506C Investment for Accredited Investors Only
In contrast to our previous Urbanist projects, this project is NOT STUDENT HOUSING and is NOT a furnished product. Our tenant focus is Class A Multifamily residents.
This Syndication Is Fully Subscribed and Closed To Additional Investors
Explosive Job And Population Growth
A booming economy with nearly 9X faster job growth than the national average, and population growth 4.7X faster than the national average. WOW!
Fastest growing home prices in the nation
Experienced Team And 3rd Party Validation
Urbanist and Grocapitus’ 5th project together building the same programmatic model for scalability and predictability. Rents and sub-market confirmed by 3rd party market study.
Projected Returns (3 Year Hold)
24.5%
AAR
1.73x
Equity Multiple
20.1%
IRR
8%
PREF
“Neal and his team are awesome! I’ve invested in 4 projects with him and after 2 years we’ve already sold one. He’s outperformed other syndicates that I’ve invested with for much longer. I love getting his monthly updates. It’s rare to have a syndicator update us so regularly.
Grocapitus is a breath of fresh air. They do things differently and way better than their competitors. Thank you Neal for being an amazing leader to your team! I couldn’t be happier with the results so far. Looking forward to investing more in the future.”
SARAH L., Grocapitus Investor
Join Us For A Virtual Tour
Top Reasons to Register for the Botanica Southpark Investor Presentation
Texas Named America's Best State For Business Yet Again!
Voted by the nation’s leading CEO’s of America, Texas breaks records by winning Best State for Business a whopping 17 consecutive years
Our Metro, Austin, is Experiencing Hyper-Growth
Austin is a super star metro with stellar population growth and a booming economy that is off the charts!
Optimized Amenities
Wellness Real Estate
Independently Validated Market Study
Phenomenal Micro-Neighborhood
Proven Business Model
Experienced Team
Inspirational image. Subject to change.
Inspirational image, Subject to change.
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“It’s going to be the biggest boomtown that America has seen in 50 years.
Austin is a bit like mini California.”
ELON MUSK, February 2021
Inspirational image. Subject to change. This is not a furnished product
Welcome to Botanica Southpark
Botanica Southpark is a Class-A, boutique affordable-luxury fourplex and duplex community focused on wellness and advanced smart home automation, set within a beautiful botanical environment. It is located in a highly appreciating, premier neighborhood in booming Austin.
From it’s cutting-edge, in-demand coronavirus resistant health and wellness features to its striking, low-maintenance greenwall and boxwood design, everything about Botanica Southpark is designed to attract and retain high-quality, upper-income tenants. This architectural gem will have tenants clamoring to live in this iconic property, destined to become the future benchmark for lower density multifamily living, while generating outstanding returns and impressive real estate wealth for investors.
128 units - 27 Fourplexes, 10 duplexes
Class A multifamily unfurnished development
Construction scheduled for completion in 2023
75k Minimum investment ($100K given priority first 10 days)
Inspirational image, Subject to change. This is not a furnished product.
“I invested in Grocapitus’ project because I liked their data driven approach to analysis and conservative underwriting. So far results have been delightful as the project has outperformed the projections and continues to perform well even during the coronavirus crisis. I also appreciate the fact that Grocapitus is easily available and they make it a point to communicate personally to address any questions I might have.”
ANSHU S., Grocapitus Investor
Why We Are Head Over Heels Crazy About Austin
Located in Central Texas, a region fueling massive growth for major companies such as Tesla, Apple, Google, Facebook, Samsung, 3M, Amazon, and Dell, Austin is ideally suited for explosive growth. It sits on one end of a colossal expansion corridor where two of Texas’ biggest cities are on a mind-boggling population collision course. The Austin-San Antonio Corridor is one of the fastest-growing regions in the United States and is on track to become a single mega-metro of epic proportions!
Austin’s enormous job and population growth is being sustained by it’s pro-business environment, highly skilled workforce, low taxes, and competitive incentives. It’s no wonder companies and households are moving there in droves.
The one-of-a-kind business and economic climate is generating a truly impressive list of accolades and stats, including:
The region is blessed with seven top-tier colleges and universities, a huge contributor to it’s robust talent pipeline and a major incentive for business expansions and relocations to the area.
Going forward, we foresee economic conditions to continue very strongly… with businesses lining out the door trying to get a piece of the action. Join us as we take full advantage of this gigantic opportunity to invest in a powerful metro that is growing like gangbusters with no end in sight.
“
“The Austin Metropolitan Statistical Area (MSA) has been one of the fastest growing areas in the country.
The Austin MSA is home to the state capital, multiple high-tech businesses, the University of Texas, one of the nation’s largest universities and several other global companies. The Austin MSA has over 130,000 college students.”
INDEPENDENT VALBRIDGE MARKET STUDY
Stellar Covid-19 Economic and Multifamily Resilience
Austin has been able to weather the pandemic much better than most metros because it has less exposure to the industries most affected by COVID-19, and it is an affordable market with a pro-growth government.
With it’s diverse local economy and highly educated workforce, employment barely declined during COVID, compared to large losses at the national level. And with big name companies relocating to the region at a fast pace, new recession resilient jobs are being added to the mix, which is truly the secret sauce to Austin’s success and ability to weather any economic climate.
#1 Destination in the U.S. for potential commercial real estate investment (CBRE Group, March 2021)
Bucking the Pandemic, Austin Is ‘The Hottest Market in the Country” (The New York Times, March 23, 2021)
Austin is a hot spot for commercial real estate investment and a magnet for out-of-state corporations looking to move or expand, strengthening its allure as a center of high-tech industry. It displaced Greater Los Angeles as the most preferred market for 2021 because of the resilience in its labor market and an outlook for steady growth.
In 2020, the pandemic and a large supply of new multifamily construction caused Austin rents to decline. But despite rents falling 4%, the South Austin apartment market has seen one of the fastest rebounds in the country since the start of the year. As of April, asking rents are up more than 4% on the year, well ahead of the national average, recovering to pre-pandemic levels.
“I have several investments with Neal Bawa through Grocapitus. I trust that his underwriting is conservative and accurate. He is very knowledgeable about market conditions and is happy to share his research. During the course of the investments Neal and Anna are both very responsive and prompt in answering questions.
Their reporting is consistent, timely, and provides an honest portrayal of how the property is doing. The returns I have received on my investments have been very close to proforma projections, even in these very difficult pandemic times. I would definitely invest with Grocapitus again in the future.”
FARZANA P., Grocapitus Investor
The Micro-Neighborhood, Southpark Meadows
As we drill down to the micro-neighborhood, Southpark Meadows, get ready for some eye-popping numbers, because this is one of the best neighborhoods we have EVER seen! The combination of Austin and Southpark Meadows is like a dream come true when it comes to the numbers we care about as astute investors.
Southpark Meadows is in South Austin, just five minutes away from the popular South Congress District (SoCo). The neighborhood is experiencing rapid population, income, and house price growth:
Wages grew a massive 10% in 2020, despite the nationwide pandemic!
There was positive job growth during the 2020 pandemic while most areas saw major declines
There are nearly 357K jobs available within a 30 minute drive ($70K+ salary)
As you can clearly see from these stunning numbers, South Meadows has an extremely resilient economy that was able to weather a sudden and severe downturn with flying colors. It has everything we could possibly want in a micro-neighborhood as an investor!
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“Within a half mile radius of our micro-neighborhood, Southpark Meadows, the reported population grew a massive 39.5% in the last five years – equivalent to 7.9% growth annually, which is a whopping 23X faster than the national growth rate of 0.35% last year!”
The Massive Employment Boom
With Elon Musk and other tech powerhouses flocking to Texas, Austin is quickly becoming the next Silicon Valley. Big, well-known companies such as Apple, Google, Facebook, Amazon, Tesla, FedEx, Oracle, Whole Foods Market, BAE Systems, and many others have announced company relocations and expansions in Austin.
Giga Texas is the highly anticipated, one billion dollar, five million square-foot Tesla manufacturing plant projected to be completed before the end of this year. Elon Musk has said he expects to create 5,000 to 10,000 new jobs over the next four years. This brand new Gigafactory is located within 20 minutes drive from Botanica Southpark.
Tech giant Google has signed a lease for an entire 35-story tower in downtown Austin called Block 185. Construction of the iconic new tower has started, with occupancy scheduled for Q2 2022. The tower will potentially house about 5,000 employees and is located only nine miles from Botanica Southpark.
Apple has a brand new $1 billion, 133 acre Austin campus under construction, and expects phase one to be completed in 2022. Apple plans to employ up to 15,000 employees at the new campus.
With a premium location, iconic design, and desirable amenities Botanica Southpark will definitely be attracting employees from large tech expansions.
“I had met Neal at a real estate investor meetup a few years back. Neal was very positive about investing in multifamily. He does a lot of research using data analytics on markets, identifying growth areas, finding good neighborhoods and shares the data and his findings with interested people and clients. His presentations are filled with a lot of info about the market, the property, the financials the expected returns, and his team patiently answers questions.
One of our investments with Neal had an exit with better than projected returns (during uncertain times with the pandemic)!!!”
VENGAL D., Grocapitus Investor
100 Feet From Central Texas’ Largest Shopping Center
While many malls are in a severe downturn accelerated by the pandemic, Southpark Meadows has remained 98% occupied! It is not a typical dying mall, it is the opposite. It is a vibrant lifestyle mall that has national and regional brands, 85 stores and over 30 local eateries. Parking lots are full and droves of people are shopping, eating, and enjoying entertainment.
During a recent visit, Neal was blown away by the lack of parking spaces in the middle of a workday. The outdoor mall was extremely busy with shoppers and families.
Set within the center of this highly rated retail development is The Grove Amphitheater, an outdoor music venue where seasonal live music performances and comedy shows are free for all to enjoy. There’s also an interactive music-themed water fountain, splashpad, and a playground for kids to enjoy… a truly scenic place to stretch your legs and take a breather after a day of shopping, grab a bite to eat, and rest among the shady heritage oak trees.
Botanica Southpark is ideally located within the largest shopping district in Central Texas, giving residents immediate access to a myriad of highly rated retail, delicious dining choices, craft coffee, and entertainment options… all just a few steps from the residents front door.
Residents will be able to enjoy modern living with big-city conveniences and the inviting charm of a small-town neighborhood.
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“The location of the subject property is unique in that it is directly adjacent and contiguous to the master retail development Southpark Meadows. Being the largest concentration of retail in the Austin metro area, proximity to Southpark Meadows commands a premium.”
INDEPENDENT VALBRIDGE MARKET STUDY
Austin’s housing market is red hot due to the booming economy and population migration fueled by lifestyle, culture, and employment opportunities.
Austin Real Estate is Sizzling Hot
Austin is a boom market like no other when it comes to real estate. The housing market is red hot due to the booming economy and population migration fueled by lifestyle, culture, and employment opportunities.
#1 Highest House Price Rise (Redfin, 2020)
+40% Median Listing Price in One Year (Valbridge Market Study)
#2 Top Real Estate Market (PwC & Urban Land Institute 2021)
+29% House Price Growth 2020-2021 (Valbridge Market Study)
+103% House Price Growth 2012-2021 (Zillow)
Many homes are now selling for more than 20 percent over asking price
The Austin market is in a frenzy right now and continues to set new records. In addition to crazy price increases, we’re seeing 51% more sales volume and 78% less active listings! And the current supply of houses was a record low at only 0.4 months supply, compared to a national average of 1.9 months.
Adding fuel to the fire, as per Zillow’s Home Price Expectations Survey, “Austin, specifically, could see a population boom in the next year.”
There will be plenty of new renters and renters being priced out of the housing market, or unable to find a property to buy!
“I’ve invested in 6 of Neal’s projects. As I write this, we just had the first successful exit: the Windward Forest Multifamily project, where we earned >20% IRR.
Neal is extremely agile. Until COVID hit us, his projects were mostly multifamily deals (each with some value-add strategy that should increase the NOI). Since then, he realized that there may be higher risk in such deals due to tenants’ unemployment, inability to pay rent, and eviction restrictions. I trust Neal’s numbers, so I have invested in his recent construction projects, too. Keep them coming, Neal!”
IVAN Z., Grocapitus Investor
Elon Says…
The Tesla and SpaceX founder is HOT, HOT, HOT for Austin. Watch what Musk, who became the richest person in the world again last month, said of Austin:
Over the past year, several of Musk’s ventures have placed roots in the Austin area, including Musk himself:
Elon recently tweeted an urgent plea for much-needed housing in Austin, as his companies look to hire employees. Austin real estate has boomed, causing a housing crisis as a multitude of West and East Coast companies look to build up or move their headquarters to the area.
“It’s gonna be the biggest boomtown America has seen in 50 years, at least.”
-Elon Musk
“
The characteristics of a bubble peak typically includes low or zero down payments, below market mortgage rates in first few years (to increase affordability), lower credit requirements, an ample/excess supply of existing and new houses for sale and homebuyer-investor speculation. Clearly, today’s housing market’s characteristics are far from those extremes.
The bottom line – this housing market looks like an early upsurge formation with a long way to go.”
FORBES, March 2021
Iconically Styled Modern Luxury
Botanica Southpark is a modern rental community designed to feel as desirable 20 years from now as it does today. We created Botanica Southpark with the tastes and needs of future tenants foremost in mind, including:
Elevated 10 ft and soaring 16 ft high “Penthouse” ceilings
Superior design and luxury finishes throughout the apartments
Dazzling building design
Private garages
10 interconnected smart home devices + high speed Wifi
Delos Darwin healthy home, anti-COVID platform
24/7 triple layer smart security system
Our award-winning design team has selected affordable luxury finishes that look a MILLION dollars but are cost effective and durable.
In contrast to our previous Urbanist projects, this project is NOT student housing and is NOT a furnished product. Our tenant focus is Class A Multifamily residents.
Inspirational image, Subject to change. This is not a furnished product.
“I have invested in a couple of opportunities with Grocapitus. One of them is a multifamily property, which has been performing superbly, and way better than the initial predictions. The second one is a new construction project, which is on-time, even during the COVID-19 pandemic. And the marketing material that the team has put together to lease these new units is top-notch. Awesome job by Neal and his team in managing the properties and consistent communication with their investors.
As a Limited Partner to invest in a syndication, for me, trust is a big factor. With Neal’s vast experience in multifamily construction, data-driven approach, and creative ways in solving problems as well as straightforwardness helped in creating the trust.”
AVINASH P., Grocapitus Investor
Rental Homes Designed for Active Lifestyles
Don’t confuse “designed for a stay-at-home lifestyle” with “designed for a stay-inside lifestyle.” Austin is known for beautiful year-round weather and we designed Botanica Southpark for a tenant leading an active outdoor lifestyle.
Botanica Southpark’s pioneering design proudly incorporates an array of customized, highly desirable outdoor features which will distinguish it from its competitors and will be the envy of its neighbors.
Alluring designer pool and outdoor relaxation sundeck
Exquisite outdoor chef’s kitchen with lounge and dining areas
Lounge seating, deco swing, and beautiful trellised cabanas
Recessed firepit
EV charging stations in the garage
Private dog park
Stunning botanical design with vertical gardens, pocket parks and green wall boxwoods
All outdoor areas are designed and durably constructed for low cost and maintenance.
In addition to ample amenities and conveniences throughout, Botanica Southpark has incorporated trendy common areas:
‘New Age’ fitness center with gym and outdoor CrossFit space
Lounge area, study & work space
The lounge area doubles up as a function room, with kitchen and bar and even a movie room, with the very latest in technology and communication solutions for residents.
Inspirational image. Subject to change.
Inspirational image, Subject to change.
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“The Pandemic Ignited a Housing Boom—but It’s Different From the Last One. Residential home sales are hitting peaks last seen in 2006, just before the bubble burst, but this time mortgages are stricter, down payments are higher, and a tight supply is supporting prices.
The residential real-estate market is on its biggest tear since 2006, just before the housing bubble burst and set off a global recession. Yet in nearly every meaningful way, today’s market is the inverse of the previous boom.”
WALL STREET JOURNAL, March 2021
Our Tenants’ Health Matters
At Grocapitus, we saw wellness trends in real estate a while ago, long before COVID-19 pushed them into the international spotlight. That’s why we jumped at the chance to create a Delos Darwin-driven boutique multifamily community. Delos invented the WELL Building Standard.
The system intuitively responds to the conditions in your home, purifying your air and water, and providing dynamic lighting designed to restore your body’s natural rhythms.
Purified air
Purified water
Circadian sleep environment
Our team realized immediately the potential for Botanica Southpark to attract (and keep) high-quality, upper-income tenants, by incorporating a state-of-the-art home wellness system in a pandemic challenged world.
Inspirational image, Subject to change.
“Thank you for a thorough and newsy update. I am still in awe of your work efforts and completions in such a short timeframe. The report is very detailed and it makes me feel like I am there to look at it all. Thank you for your dedication to excellence and for all your conscientious efforts. It is much appreciated.”
LISA H., Grocapitus Investor
Access to Nearby Abundant Park Land – 300+ Acres
Southpark Botanica offers its residents true serenity and connection to the surrounding landscape, while keeping them closely in touch with the big city. It is only a short walk to Mary Moore Searight Metro Park, an iconic destination park with 1,033 reviews and a 4.6 rating.
Park facilities include an 18 acre disc golf course, tennis courts, a basketball court, sand volleyball courts, a softball field, a multi-purpose field, a 3 mile horse trail, picnic facilities, bike and hiking trails, and playgrounds.
Want to explore the creek? Upstream of the dam, the creek is wide and deep, ideal for fishing, canoeing, or bird watching. Adventure awaits downstream, a perfect spot to encounter frogs, turtles, great blue herons, and enjoy a sense of tranquility in the city.
There’s even a mini-runway, complete with taxi aprons, for model airplane enthusiasts. This park has something for everyone!
Open space and access to walking trails and park land is considered to be one of the most sought after amenities residents look for when choosing a new place to live and Botanica Southpark has it in spades!
Open space and access to walking trails and park land is considered to be one of the most sought after amenities residents look for when choosing a place to live.
“
Close to the South Park meadows shopping center, this park offer miles if walking running trails. There is even a little pond, you can fish from.
Picnic tables …. there are plenty of parking, birthday party gazebos, clean bathrooms. Perfect outdoors atmosphere.”
Tripadvisor Review, Mary Moore Searight Metro Park
Inspirational image. Subject to change.
Branded, Wellness Residence Premiums
Wellness is one of the fastest growing industries in the world, including lifestyle, exercise studios, and organic eating habits. Wellness real estate is a staggering $50 billion a year industry, just in the U.S., and properties featuring wellness can sell much faster and command impressive price premium as compared to ‘regular’ properties.
5 - 35% Premium
wellness-branded, single-family homes
7 - 10% Premium
wellness rentals
+31% Premium
average premium for branded residences (Newmark Knight Frank)
Branded developments sit at the most competitive and innovative edge of the market, with purchasers attracted by the opportunity to associate themselves with a known brand. Botanica Southpark leverages the leading wellness brand in the world, Delos.
Inspirational image, Subject to change.
Introducing the Development and Management Team
NEAL BAWA
Grocapitus Development
ANNA MYERS
Grocapitus Development
JON BURSEY
Urbanist Development
How Grocapitus Selects Development Markets
Rent Growth
Sales Trends
Employment
Supply And Demand
Grocapitus Syndication Benefits
Syndication Leverage
Leverage our vast experience, financial sponsorship strength, and capital aggregation to invest in otherwise unobtainable, high-value apartments with high returns.
Tax-Advantaged Investing
Principal Reduction
Through the life cycle of the syndication, rental income from the property pays down debt service. Upon the sale of the property principal reductions will be returned to investors.
Recession Resistant
Regardless of the economy, people still need a place to live. Rental properties have done historically well in past recessions.
Projected Returns (3 Year Hold)
24.5%
AAR
1.73x
Equity Multiple
20.1%
IRR
8%
PREF
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