Join an exclusive group of investors dedicated to shaping the future of Wynwood!
This 24-unit apartment complex is a replica of our current development in the area, WN32; an affordable housing project that aims to alleviate the affordable housing crisis of South Florida.
320WN offers a unique opportunity to be part of a transformative project that not only points to exceptional returns but also contributes to the sustainable development and cultural enhancement of Miami’s vibrant Wynwood district.
This exclusive initiative represents a special chance to leave a lasting impact on the city, building a legacy of innovation, community, and sustainable urban growth.
Total Deal Size: 6,000,000 USD
$1.2 Million acquisition price ($50,000 per unit) of 7,150 square feet of land to build 24 units.
Located in 315 NW 32 ST Wynwood Norte (hence the name WN 32)
$670,000 base rental revenue with $450,000 yearly NOI
Leverage: 3,500,000 USD
Funding Needed: 2,500,000 USD
Available Investment Opportunity: 9 Tickets (250,000 USD each)
Equity Multiplier: 2.15x - 3.64x
Target IRR:
Sale on Y2: 38% - 6.25% CAP
Sale on Y5: 28% - 6.25% CAP
Hold Period: 2-10 years (up to the discretion of Sponsor/Investors)
This is a project that can be replicated several times in the same area, opening the door to bigger investment opportunities, optimization of costs, and deliverability time:
Acquisition: 2 months
Development: 3 months
Permitting: 6 months
Construction: 8 months
Lease Up: 2 months
250,000 USD
Join an exclusive group of investors dedicated to shaping the future of Wynwood!
This 24-unit apartment complex is a replica of our current development in the area,
WN32; an affordable housing
project that aims to alleviate the affordable housing crisis of South Florida.
320WN
offers a unique opportunity to be part of a transformative project that not only points to exceptional returns but also contributes to the sustainable development and cultural enhancement of Miami’s vibrant Wynwood district.
This exclusive initiative represents a special chance to leave a lasting impact on the city, building a legacy of innovation, community, and sustainable urban growth.
Total Deal Size: 6,000,000 USD
$1.2 Million acquisition price ($50,000 per unit) of 7,150 square feet of land to build 24 units.
Located in 315 NW 32 ST Wynwood Norte (hence the name WN 32)
$670,000 base rental revenue with $450,000 yearly NOI
Leverage: 3,500,000 USD
Funding Needed: 2,500,000 USD
Available Investment Opportunity: 10 Tickets (250,000 USD each)
Equity Multiplier: 2.15x - 3.64x
Target IRR:
Sale on Y2: 38% - 6.25% CAP
Sale on Y5: 28% - 6.25% CAP
Hold Period: 2-10 years (up to the discretion of Sponsor/Investors)
Acquisition:
2 months
Development:
3 months
Permitting:
6 months
Construction:
8 months
Lease Up:
2 months
Placement:
250,000 USD
Phone: +1 786-384-5494
Email: [email protected]