Offering Summary
THE PROPERTY
This investment opportunity features a prime commercial property portfolio with a total of 97,546 square feet of retail space, divided into five parcels, located in a high-traffic area in Pittsburgh, Pennsylvania. The property boasts a strong tenant mix, maintaining a 91% occupancy rate and generating an effective annual rent of $613,449. With additional space available for new tenants and approved plans for expansion, the portfolio offers significant growth potential. Low operating costs and robust income projections further enhance its appeal. Situated in a region experiencing continuous commercial development, this investment promises steady cash flow and capital appreciation, backed by strong financials.
The portfolio is anchored by a well-established grocery tenant, ensuring consistent foot traffic and long-term stability. Grocery-anchored centers are among the most resilient retail assets, providing a dependable revenue base.
THE SPONSOR
Investing with Crowdvest LLC provides you with a hassle-free way to enter the commercial real estate market. Our syndication model allows you to invest in high-quality properties with a lower capital requirement than traditional real estate investments. Plus, our team handles all the complexities of property management and ensures that your investment is well-maintained.
We offer a range of investment opportunities, from multifamily properties to office buildings, so you can choose the type of real estate that best fits your investment goals. Our platform also provides transparent reporting, so you can track your investment's performance and stay informed about any developments in the market.
Watch Ken discuss his background and investment philosophy in this video.
Braddock Hills Realty
The Braddock Hills Retail Portfolio is a 97,546-square-foot retail center in Pittsburgh, PA, anchored by a diverse tenant mix at 91% occupancy. Located in a high-traffic area, it offers stable income with approved expansion plans for future growth.
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Preferred Return: | 9% |
Targeted Equity Multiple: | 3.4x |
Targeted IRR: | 30% |
Targeted Investment Period: | 5 Years |
Property Type: | NNN |
DISCLAIMER
Any investments being offered are pursuant to an exemption from registration under Regulation D of the Securities Act of 1933, specifically Section 506(c). As such, only investors who are verified as being "accredited investors" will be able to invest in this opportunity, and only upon receipt, review and execution of the definitive offering documents. Please refer to www.SEC.gov for further guidance regarding accreditation.