Title: Apartment Investment:
1Integrity Driven Network - Dallas, TX
- Apartment Investment
- Villa Adora Apartments
- 266-units Houston
- October 7, 2009
- Stewart Hsu
- Principal, CONTI Organization
2Stewart Hsu - snapshot bio
- Started investing in Real Estate in 2003, turned
full time Multifamily Investor Aug 06. - Acquired 776 units (5 communities) in Texas.
- Passionate about real estate investing and
helping others grow their passive income. - www.meetup.com/multifamily-texas/
- blog www.stewarthsu.com
- Joined CONTI Organization as Principal in 08.
- Carlos Vaz, Founder
- Based in Dallas, TX
- Total Portfolio 1,900 units and growing
3Why Multifamily R.E.?
- Most favored commercial real estate asset class
(vs. Industrial, Office, Retail) - One of lifes basic necessities everyone needs
a place to live - Government Backed Lending, e.g. Fannie Mae /
Freddie Mac - Economies of Scale
- Professional Management
- Passive Income
4Why Multifamily, Why Now?
- Market Cycles
- Buy Low, Sell High
- Best Opportunities We Have Seen Ever
- Texas 1 for Fortune 500 HQs
- 58 TX, 55 NY, 52 CA
- Texas 2 Forecasted Population Growth in Nation
5Our Acquisition Criteria
6Investment Project Available
- Disclosures
- Must be Accredited or Sophisticated Investor
- Real Estate Investing has risk
- Seek advice of your professionals
7Villa Adora Apartments (formerly Lenox Court Apts)
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13Property Highlights
- Good Unit Mix
- 24 1 bedrooms
- 68 2 bedrooms
- 8 3 bedrooms
- High Traffic Location
- 49,450 cars per day
- Strong Retail
- Hispanic / Vietnamese Submarket
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18Investment Terms
- 3 Year Hold
- Exit Price 10 less than what it sold for in
2003, exit price is lt 27K/unit - Refinance within 2 years, return approx 70 or
more of original investor capital - Investor preferred return 9.5
- Investor overall projected return avg. annual 31
- Prefer 100K-200K per investor, minimum is 50K
19Villa Adora Apartments
- Any Questions?
- Next Step Complete Subscription Booklet
Questionnaire
20Thank you!
- Stewart Hsu
- shsu_at_contiorg.com
- 214.717.5525