Vantage at Harlingen Harlingen, TX

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

Offered By

Presidium Group Elite Sponsor

Austin, TX

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Assets Under

Portfolio LTV
Realized Returns

Total IRR
Equity Multiple
Annual Cash
Years Of

As Principals
30+ years
In Business
15 years
65 Staff
* All information is reported by Presidium Group as of 6/12/2017.

About this Property

Vantage at Harlingen is a 288-unit new construction, best-in-class asset located in Harlingen, Texas. This acquisition represents an excellent opportunity to acquire a luxury community with a full complement of resort-style amenities and features.

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Key Points

  • 10% Preferred Return.
  • Best-In-Market 2015 new construction acquired at a 6.4% Going-In Cap Rate.
  • The property was built subject to rent regulations that terminate upon sale. New ownership will phase out existing discounts and re-lease at market rates.
  • 2 miles from intersection of Interstate 2 and Interstate 69E, providing convenient access throughout the Rio Grande Valley.
  • Immediate access to major employers with more than 42,000 employees - 10 minutes drive from Valley Baptist Medical Center with 4,000 employees and Harlingen CISD with 3,300 employees in the immediate area.


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Location Details

Harlingen, TX

Vantage at Harlingen is a desirable property due to its highly accessible location off Interstate 2 and Interstate 69E, which is a heavily traveled intersection and one of the busiest crossroads in the Rio Grande Valley. The property is within immediate proximity to major employment drivers plus numerous high-end retail, restaurants, and entertainment venues. Vantage at Harlingen has access to nearby retail including Bass Pro Shops, Valle Vista Mall, Target, Walmart Supercenter, and H-E-B. Valle Vista Mall consists of 82 stores including Dillard’s, Sears, JCPenney, and Victoria’s Secret. Valley International Airport is located seven miles from Vantage at Harlingen. This airport is the largest airport in the Rio Grande Valley and serves more than 700,000 passengers annually.

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Frequently Asked Questions

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

The sponsor plans to call for funds mid August with a target funding deadline of August 31st, 2017.

The projected closing date is September 15th, 2017.

The first projected distribution is scheduled for November 2017.

Distributions are scheduled to go out on a quarterly basis.

No, this offering is only available to US residents.

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Have a Question?

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

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

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