MULTIFAMILY INVESTMENT OPPORTUNITY

The Preserve At Gateway
A fantastic value-add opportunity in Forney, TX
★ For Accredited Investors ★

Offering Details At A Glance

3-5 Year
Expected Hold Period
90/10
LP/GP Split
14%-17%
Target IRR
22%
Total Project Returns

Sources and Uses

Sources

Senior Debt

$21.150MM
65%

Equity

$11.245MM
35%

Total sources

$32.395MM
100%

Uses

Acquisition cost

$28.200MM
87%

Property reserves

$494K
2%

Closing Costs

$3.7MM
11%

Total Uses

$32.395MM
100%

Sources and Uses

    Sources

Senior Debt

$21.150MM
65%

Equity

$11.245MM
35%

Total sources

$32.395MM
100%

    Uses

Acquisition cost

$28.200MM
87%

Property reserves

$494K
2%

Closing Costs

$3.7MM
11%

    Total Uses

$32.395MM

100%

Investment Highlights

The sponsors are arranging for the acquisition of a real estate interest in the properties by a limited number of accredited investors. The property consists of 120 apartment rental units. The total purchase price is $28,200,000.

2020 – December Built Property

Low maintenance costs

Age-restricted 55+ results in less turnover due to residents staying longer term

Immediate value-add opportunity to reduce expenses by 20%+

The Preserve at Gateway offers a mix of luxury apartment units and cottages

Preserve at Gateway is the only age-restricted apartment within an hour's radius

Forney's age 65+ population expected to grow 5.7% per year through 2026

Current occupancy is at 49.2% and projected to hit 90%+ by end of the year

55+ apartments typically achieve 30-40% rental premiums upon stabilization

Sticky tenants with high incomes and a lack of competitive supply

The median household income within a 5-mile radius of the property is over $100k

2.6 acres of additional free land on the apartment's premises, gives us the ability to construct more cottages, apartment units, or major selling points as we look to exit

120

UNITS

2020 – December

YEAR BUILT

95%

Occupancy

Class A Multifamily

PROPERTY CLASS

2.6 acres

Additional Free Land

54%

Leased

★ For Accredited Investors ★

The Location

Strategically located between Highway 80 and Interstate 20 population has increased 66% over the last decade.

Perfect location just outside downtown Dallas

Named one of Dallas' best suburbs by D Magazine

15th fastest-growing city in DFW Metroplex

Business-friendly environment

The Location

Strategically located between Highway 80 and Interstate 20 population has increased 66% over the last decade.

Perfect location just outside downtown Dallas

Named one of Dallas' best suburbs by D Magazine

15th fastest-growing city in DFW Metroplex

Business-friendly environment

Major Employers

Interested in The Preserve At Gateway?
If you have specific questions about the upcoming deal “The Preserve at Gateway” that requires one on one, pick a time that works best for you and our team to talk!

Questions? We're Here For You!

Feel free to mail us anytime at – info@dreamstoneinvest.com.
We look forward to partnering with you on this opportunity. More details to come soon!

Take A TOur

Reserve Your Spot To Invest In The Preserve At Gateway

Benefits of Investing With Dreamstone Investments

EARN PASSIVE RETURNS OF
5% TO 25%
INVESTMENT
MONITORING
QUALITY
DEALS
PORTFOLIO
DIVERSIFICATION
LONG TERM
BENEFITS
PROVEN TRACK
RECORD

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Dreamstone Investments is a multifamily real estate investment firm that focuses on creating passive income and equity appreciation for its investors through purchasing multifamily properties in secondary and tertiary markets with key indicators showing high quality investment opportunities.

Meet Our Team

Vehano Joseph, CA (SA)

CEO & Co-Founder

Nicholas Contessa

COO & Co-Founder