Welcome to the Overlook Club
Investment Opportunity!
Watch the Webinar Replay
Please watch this short video for instructions on how
to get involved in this offering!
Although this video may not show the current offering, these instructions apply the same way to this offering.
Written instructions:
- Go to https://nighthawkequity.investnext.com/
- Login or create an account
- Click “Invest Now”
- Follow the instructions
- Wire in funds
Want to review the offering materials before investing?
Click HERE and register or login to the portal.
The PPM, company agreement, financials, executive summary, photos and more are there!
Questions? Email [email protected]
or call / text us @ (470) 516-2828
Watch the Aerial Video
Why We Like This Deal
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Acquiring at a significant discount
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Incredible going in 6.1 cap
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1988 & 1992 vintage asset with major renovation upside
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Booming N. Atlanta submarket has doubled in population
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100% classic interiors – ability to raise rents by $200
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Significant bonus depreciation available
Potential Investor Returns
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5% Cash on Cash
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15% IRR
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Projected 1.9x equity multiplier ($100k invested = $190k returned)
How We Are Protecting the Downside Risk
Phenomenal Loan Product
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We are buying this deal with fixed rate financing at a low 5.61% interest rate at only 65% leverage.
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This loan also has full term interest only!
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This means the payments will be easier to make even in the event of challenges that may arise.
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Conservative Underwriting
- Rent increases of only $100 more than the highest rent they are already getting.
- High economic vacancy modeled in years one and two of 15%. This is double what they are getting right now.
- $180,000 in extra capex reserves.
- Only 2 renovated units needed per month to be on track.
- Projecting only 1% organic rent growth year 1 (market avg is 4%)
Watch to Schedule a Call?
