ArborCrowd Now Offering Investors Equity in New Multifamily Real Estate Deal in Mobile, Alabama

Commercial real estate crowdfunding platform ArborCrowd announced its latest offering for investors to own an equity interest in a multifamily property with tremendous upside potential. Tower on Ryan Park (the Property) is a 141-unit, high-rise property located in downtown Mobile, AL.

According to ArborCrowd, the total capitalization of the deal is $12.7 million, and the funding portal is raising $2.6 million of equity. The property has a notable targeted 16 percent to 18 percent Internal Rate of Return (IRR) and a projected hold period of three to five years. Adam Kaufman, Co-founder and Managing Director of ArborCrowd, stated:

“ArborCrowd is a company focused first and foremost on the quality of the real estate. We only present institutional-quality deals with strong real estate fundamentals. These are the types of deals sought after by national and international investment firms – but we’re able to offer them to people who would not typically have access to opportunities of this caliber.”

ArborCrowd added that the business plan is to implement a value-add strategy to reposition Tower on Ryan Park from an underperforming 1950’s vintage-style property to a modern, desirable and quality apartment complex.

Sponsored Links by DQ Promote



Send this to a friend