We
Invite
You…
To Our New
Houston Offering
Creekside Villas at Clear Lake
A 202-unit garden-style multifamily community with proven value-add interiors and abundant market support for higher rent levels.
Full Return
Over 95% projected returns when the project is complete.
Cash Flow
Projected cash flow throughout the investment should average 8%
Tax Savings
Preliminary Cost Segregation studies suggest 96% tax depreciation on passive gains for you.
IRR
We project an Internal Rate of Return near 16% if we hold for five years.
Interested?
Act Now!
This investment opportunity will only be open for a limited time. Once spots fill up, we will have to close it down. If you’re interested, act now. Start by reviewing our presentation.
24/7
As a partner with Starboard Equity, you get to leverage your money and sit back and collect on an ongoing passive income, while we do all the heavy lifting of researching the markets, identifying the best deals, and renovating and managing the real estate assets on your behalf.
2187
Units
Owned
We are both Passive and Active investors in 2187 units across five states.
18
# of Syndications
We are part of 18 syndications. We have syndicated 6 beautiful properties for ourselves and investors from 94-200 units. We invite you to invest alongside us.
83mm
Active Management
We currently have $83 Million in Multifamily Assets that we are responsible for. We actively asset manage most of our properties and will do so at Creekside Villas.Â
30%
Proven Returns
Our last project returned greater than 30% IRR in 4.5 years of the initial investment.
Investment Highlights
1 |
• Add washers and dryers to most units. • 100% of units can be updated with granite countertops. • Extremely high in-place occupancy over 98% demonstrated demand for additional upgrades. |
2 |
• 160/month higher rents at renovated comparables. • Renovated workforce product outperforms market due to limited Class A competition. • 17% T12 rent growth in submarket in 2021. • 9.7% projected rent growth in submarket in 2022 (Axiometrics). |
3 |
• 84k jobs within 5 miles including NASA and a regional health care center. • $103k average household income within 5 miles. • Clear Lake ranked #2 Best Place to Live in Houston by Niche. |
Invest Now
So if you’re ready to stop trading your time for money and start building true wealth for your family, we invite you to put your money to work through Starboard Equity.
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MINIMUM INVESTMENT
The minimum investment is $50,000. However, one can invest up to $750,000.
HOLD TIME
Hold time is expected to be 3 to 5 years.
SPLITS
We have a straight 80/20 split. 80 for A-share investors, 20 for B-share sponsors. We allow 2% for asset management and 1% for acquisition fee.
Accredited
This offering is for accredited investors only. If you are not accredited at this time, join the Starboard Equity Club on our website for opportunities for everyone.
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CALL US |
Warren 361-230-0514
Rebecca 858-254-4448
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LOCATION |
4251 FM2181 STE230-232
Corinth Texas 76210
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HOURS |
Monday – Friday
9am – 5pm