Coming very soon is an exciting long-term hold opportunity. Where an investor can either purchase or participate as an equity share holder in the syndicate ownership of an A-Class multi-family in Fort Worth Texas.
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Spring Creek (Overview)
The Spring Creek Project consists of 8 Duplexes (16 homes) and is located in Truckee CA. The town of Truckee offers year-round enjoyment with hiking, fishing and river rafting on the Truckee River, golf and of course hitting the ski slopes in the winter time.
Located in the Sierra Nevada mountain range, Truckee is just 200 miles northeast of San Francisco, California; 100 miles east of Sacramento, California; 40 miles west of Reno, Nevada and 12 miles north of Lake Tahoe, California.
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Wingate Phase 2 (Overview)
The Wingate Fort Worth Texas consists of 12 apartments and one commercial space and is nearing completion this October. It is located in a sweet spot in the Linwood area of Fort Worth. A short walk will bring residents to the Montgomery Plaza and Fort Worth’s vibrant West 7th Street District, as well as Trinity Park and the extensive Trinity River Trails System.
Corporate expansions in the Dallas/Fort Worth Metroplex are fuelling demand for apartments, The thousands of jobs created by these expansions are spurring strong demand or rental housing, especially among young professionals.
With more than 30,000 companies, there have been over 100,000 new jobs added in the past 12 months.
The US Bureau of Labor Statistics ranks the greater Dallas area as 2nd of the largest 12 metropolitan areas of the country in terms of job growth and the number of jobs added from February 2016 to February 2018.
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Wingate
The Wingate project is coming along well. The wood framing is nearly complete on all three floors.
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The Spring Creek project is coming along well. The plan is to break ground on a couple of new buildings soon.
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