Bluerock BR Parkview Multifamily DST
Investment Details
Investment Sponsor: Bluerock
Location: Georgia
Current Yield: 4.40%
721 Exchange: Optional
Property Type: Multifamily
In-Place Loan: 49.45% LTV
Distribution Frequency: Monthly
Estimated Hold Period: 7-10 Years
Investment Description
District at Parkview Apartments represents the opportunity to invest in a newly-built, class A apartment community located in the thriving Gwinnett County, part of the Atlanta Metro.
The Property benefits from its proximity to the Atlanta Metro’s major employment clusters, as well as its central location offering convenient access to surrounding areas such as Decatur, Lawrenceville, Lilburn, Snellville, and the broader Atlanta Metro region within a 30-minute drive, making it a highly desirable residential destination for professionals and families alike.
Investment Highlights
Instant value creation, as the Property was purchased for $1,500,000 below appraised value.
Attractive rental rate growth upside potential, with an affluent tenant base, and a 41% discount to homeownership in the area, provides significant growth potential for rental rate increases.
Centrally located with convenient access across the entire Atlanta Metro, the Property provides proximity to large employment clusters in the booming Interstate 85 Corridor and Downtown Atlanta, all within a 30-minute drive.
Located in the fastest growing county in the Atlanta Metro, ranked #1 in population growth since 1970, with 27% population growth over the prior 10 years
Limited housing availability, with forecasted housing demands of nearly 5x the current annual pace of new housing construction in Gwinnett County through 2040.
The Property is located in an award-winning, best-in-state school system, receiving an A- rating from Niche.com, and ranked as the best school for sports in Georgia by Stadium Talk.
Investment Documents
Investment Sponsor
Bluerock specializes in acquiring, managing, and offering DST investment opportunities in core real estate sectors. These include high-demand multifamily properties, office spaces in thriving business districts, and retail centers with robust tenant demand. With a focus on markets exhibiting strong economic and population growth, BVEX aims to provide investors with access to stable and potentially lucrative real estate opportunities.
Sponsor Historical Performance
130 Realized 1031 DST Investments
1.67x Equity Multiple
20.78% Average Annual Return
3.8 Year Average Holding Period
95.4% Investment Success Rate
