We are excited to announce that we are partnering with a very experienced sponsor to offer an opportunity to invest in Rise Gateway.
This 142-unit, garden-style apartment complex is located in Dallas, TX.
For Accredited Investors only: Income > $200k, (or) combined w/ spouse > $300k, (or) combined net worth > $1M.
Performance estimates are not a guarantee of future results.
Boost Wealth Fund is an SEC Reg. D 506(c) filing, Investment Company Act Section 3 (c)(1) exemption, Accredited Investors only.
See our full offering materials for more details on risks.
Straight forward business plan with $134 rent upside
Increase the value by renovating 57% of the units (82 units) to a full platinum scope
add washers/dryers to 100% of the units (142 units) for an additional $50 rental increase per unit.
Southern Methodist University employs 2,800+ people, Texas Instruments Corporate Headquarters 10,000+ employees and Baylor University Hospital 2,000+ employees.
The median household income of $63K resulting in a rent to median income ratio of 29%.
Dallas-Fort Worth ranked #1 in the US for population growth from 2022-2023. Dallas is the 9th most populous city in the United States (US Census Bureau).
Dallas added over 154,000+ new jobs in 2023, second only to NYC (US Bureau of Labor Statistics).
The purchase price is 28% discount from what it would have sold for 18-24 months ago based on actual Sales Comps.
Allocated Reserves of $1.3MM to address any shifts in the market, beyond the Capital Expenditure budget of $3.5MM.
Portal registration: October 20
Execute documents: November 12 (new date)
Funding deadline: November 15
Sign in through the investor portal to review the PPM and subscription agreement.