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Discover a harmonious blend of modern living and natural tranquility at Mystic Woods Condos. With thoughtfully designed layouts, serene surroundings, and convenient access to educational institutions and employment hubs, this offering presents a unique opportunity for both investors and residents seeking a balanced and enriching lifestyle. This Property is a fully stabilized 100% occupied property located in Tallahassee Fl. We are buying this property very aggressively at a going in cap rate at 9%. We will have strong cash flow starting day one. Although the property is 100% occupied there is still a strong value add opportunity here. Most of the leases here are below market rent, as leases come up for renewal we could renovate and increase rent creating compression in the cap rates giving us a strong exit strategy in the near term. With Florida state university less then 2 miles down the road, there is a strong demand for student housing in this area. FSU just signed a 99 year lease on an adjoining property and has started construction on there new arts campus.
Nestled in over 3 acres, Mystic Woods offers a serene and secluded atmosphere that's still
within minutes of major attractions like FSU, FAMU, TCC, and downtown Tallahassee. Its
proximity to key points of interest enhances its potential for long-term demand.
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.
Mystic Woods Apartments
Of a 104 unit condominium project, this offering in Tallahassee, Florida, provides investors the opportunity to invest in a diversified rental portfolio of 23 units.
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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.