To Our New
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.
Over 95% projected returns when the project is complete.
Projected cash flow throughout the investment should average 8%
Preliminary Cost Segregation studies suggest 96% tax depreciation on passive gains for you.
We project an Internal Rate of Return near 16% if we hold for five years.
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.
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.
We are both Passive and Active investors in 2187 units across five states.
# 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.
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.
Our last project returned greater than 30% IRR in 4.5 years of the initial investment.
• 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.
• 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).
• 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.
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.
The minimum investment is $50,000. However, one can invest up to $750,000.
Hold time is expected to be 3 to 5 years.
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.
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.
4251 FM2181 STE230-232
Corinth Texas 76210
Monday – Friday
9am – 5pm