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122-Unit, Multifamily, Value-Add portfolio in MSA of Boise, currently growing at 4x national average and #1 in population growth. Tenured, Repeat Sponsor - Roundhouse - Operates 1,800+ units in Boise at 94% portfolio occupancy.
Deal Highlights
- #1 Population Growth out of the Top 100 US Metros
- CS Top Market for Multifamily and ULI “Supernova”
- Premium Downtown Locations
- Growing Diverse and Resilient Economy
- Value-Add Opportunity through Operations and Renovations
- Experienced/Local Management Team
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Self storage development in an undersupplied Northeast market. The Sponsor is aiming to replicate this business plan for the 6th time with the same design team, and third with the same general contractor. All entitlements in place and ready for construction immediately following close.
Led by an experienced, Boston-based, 10x repeat Marketplace sponsor, a Fund that offers investors participation in any potential GP promote, while targeting a range of investment strategies and property types within the Greater Boston Area
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