Village Square Apartments Lafayette, IN

Investment Type
Asset Profile
Value Add
Min. Investment
Estimated Hold
Target Return (IRR)
Target Annual Cash
Target Equity Multiple

Offered By

James Management Group Experienced Sponsor

Carmel, IN

Login or Register to See More Details

Available to Registered Users

  • Get to know the sponsor behind the offering with key information
  • See an overview of their experience and success
  • Understand their investment strategies
  • Easy access to contact the sponsor directly to learn more
Assets Under

Portfolio LTV
Realized Returns

Total IRR
Equity Multiple
Annual Cash
Years Of

As Principals
30+ years
In Business
16 years
8 Staff
* All information is reported by James Management Group as of 5/8/2017.

About this Property

Village Square Apartments is an opportunity to invest in the recapitalization of an asset that James Management has already owned for the past ten years, producing a strong and steady cash flow during that period of time. Upon completion of this recapitalization, James Management will spend approximately $4k per unit in revitalizing the exterior and interior of the property, including new dual pane windows. These improvements will allow for increased rental rates, which the market has already shown it is able to absorb. This rehab plan is forecasted to take approximately 90 days to complete, with the exception of some minor, continual interior upgrades that will take place as units are turned over for re-leasing.

Read more Read less

Key Points

  • Strong Market: Lafayette is a strong secondary market, comprised of both white collar and blue collar workers with average household incomes of $55,000.
  • Trusted Management: The existing management team already possesses the valuable relationships with the current tenants, having kept the occupancy at an average of over 93% over the past decade.
  • Well Located: This asset is 100 yards off the busiest freeway from Indianapolis to Chicago, and is only 45 minutes from Indianapolis and 10 minutes from Purdue University.
  • Recently Upgraded: Village Square has already received a remodeled pool and deck, new work out center, and upgraded clubhouse, which will be complimented by the individual room planned upgrades once this recapitalization is complete.


Login or Register to View Financials

Available to Accredited Investors:

  • Get an overview of important financial details to make a smarter investment
  • Analyze the financial pro forma to see how projected returns are distributed over time
  • Review source and uses and other important details

Location Details

Lafayette, IN

The property is located just off South Street and I-65, Indianapolis’ primary North/South thoroughfare with direct access to Chicago. Lafayette is a high traffic, low crime region with easy access to Purdue University at only 5 miles from the subject property. Village Square prospers from the businesses and workers that rely on their proximity to one of the nations premier Universities.

Read more Read less


Login or Register to View Documents

Available to Accredited Investors:

  • View, download, and print the offering PPM (Private Placement Memorandum)
  • View, download, and print the detailed financial projections
  • Access all of the important documents for this offering in one place

Frequently Asked Questions

Below are some of the most frequently asked questions about this offering.

The first projected distribution is scheduled for October 2017.

Distributions are scheduled to go out on a quarterly basis.

No, this offering is only available to US residents.

RealCrowd is free for investors. RealCrowd charges a technology access fee to the operating partner for our services. We do not charge investors any upfront fees, ongoing asset management fees or promote/carried interest in the investments.

RealCrowd offerings are open to US-based accredited investors. RealCrowd does not recommend or advise on any offering on our platform. While we have minimum history and experience threshold for sponsors who post on our platform, if you are unable to perform your own due diligence, please consult with an attorney or financial advisor prior to making an investment.

RealCrowd is a marketplace that connects investors with qualified sponsors. We strive for transparency and impartiality. For this reason, we do not participate in any offerings on our site.

Have a Question?

Send James Management Group and/or RealCrowd a message. If you have a question about this offering ask James Management Group. If you have a question about the transaction process or other general inquiry, RealCrowd will be happy to help.

We'll get back to you soon!

In the meantime, you can create an account to view detailed information about Village Square Apartments.

In the meantime, please review the offering documents and financials.

Access passive income deals and become a better investor today with our free eight day educational email series.

Free e-book "Commercial Real Estate 101" for signing up.