Amount needed to fund project
$500,000
Project value after completion
$65,000,000
Funding Deadline
May 20, 2022
Payout to investors
12% Annually
Project start date
May 31, 2022
Payout intervals
1% Monthly, No Servicing Fees
Anticipated completion date
January 1, 2024
About this project
Zoe Luxury Apartment Homes is an upcoming 216 unit multifamily development just North of Waco, TX. This property abuts the I-35, which gives it significant visibility and great accessibility. It's a 10 minute commute to Downtown Waco and an 8 minute commute to Baylor University. Rents have been growing on average 7.8% year over year for the past 5 years. Job growth continues to grow at an average of 6.09%. Average Occupancy: 96% Build cost at approximately $44m and after completion value at approximately $65m. The builder will sell the project at the time of completion.
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