Multifamily Income Fund 28 LLC
Various Locations
Asset Class: | Income Fund |
Leverage: | 0% – All-Cash/Debt-Free |
Minimum Investment: | $100,000 |
Preferred Return: | 8.0%* |
Property Description
Cove Multifamily Income Fund 28 LLC was formed with the principal purpose of investing in, and acquiring, a diversified portfolio of multifamily real estate that is intended to be largely free and clear of long-term financing.
The company will focus on owning and actively managing a portfolio of debt-free, income-producing residential properties throughout the United States that have value-add potential and potential for income and equity appreciation throughout.
MSA Details
The company seeks to acquire properties across the entire United States.
Property Highlights
- Focused on acquiring and actively managing debt-free multifamily real estate portfolio
- Company intends to hold and manage an investment for approximately 4-10 years
- Principal objectives for the company include: preserve the Member’s capital investments; realize income and capital appreciation through the acquisition, development, renovation, repositioning, management, and sale in its investments; and monthly distributions.
Source: Brochure
The market information provided above may not predict the future performance of the property.
*Preferred return is not guaranteed and is subject to available cash flow. For further information about cash flow distributions from operations and capital events, please refer to the Private Placement Memorandum