Investors Management Group, Inc. (“IMG”) is currently structuring the acquisition of Millbrook and Lynn Lake, 218 total units in the “hot spot in the [Raleigh] submarket and arguably the most desirable area of Raleigh for apartment renters” CoStar 2018

Update: This offer is now fully subscribed. Anticipated closing is Summer 2018. For more information, contact: Karlin Conklin, Executive Vice President, Investors Management Group, Inc. at (971) 888-4010 ext. 104.

INVESTMENT HIGHLIGHTS

Strategic Location

Millbrook & Lynn Lake are located just 20 minutes from Research Triangle Park (“RTP”), the most significant employment center in the Raleigh-Durham market. More than 200 companies—including IBM, Fidelity Investments, Cisco Systems, and Nortel Networks—provide employment to over 50,000 people.

In addition, both properties are situated within an education epicenter close to 189,000 college students from three Tier-1 Research Universities – Duke University, NC State University, and the University of North Carolina at Chapel Hill – producing 50,000+ graduates annually.

Strong Market Fundamentals

Roughly 3,036 people per month– or 98 people each day– are moving to the Triangle. Wake County is projected to reach 2 million residents by 2054.

North Carolina’s Research Triangle Tops Forbes’ 2018 List Of The Best Places To Rent

According to the latest Milken report, “The region has experienced strong job and wage growth in recent years, and short-term job gains indicate that economic momentum remains strong.” Raleigh was recently named the “No.1 Place Where Americans Are Most Satisfied Renting” and in November 2017, Forbes listed Raleigh as a Top 5 “Tech Hub That Millennials Prefer To Silicon Valley.

Value-add opportunity

The Seller has renovated approximately 50% of the unit interiors. IMG will continue the upgrades, plus add washers/dryers. IMG’s business plans calls for immediately improving street appeal, painting the exteriors, and modernizing the amenity packages.

Significant Upside Potential 

Comparable properties in the North Raleigh submarket have demonstrated that upgrading properties can have an immediate lift in rents and quality of renter. IMG’s modernization plan will elevate rents that are already growing organically.

Market Timing

IMG believes the multifamily sector in Raleigh is poised for significant growth in rents and values, given market fundamentals, employment and population growth.

Experienced Sponsor

IMG has a 25-year history of multifamily acquisitions in the Southeastern U.S. totaling over 15,000 units. The acquisition of Millbrook & Lynn Lake will result in the Company owning 362 units in close proximity in Raleigh, thus creating synergies that will enhance performance and reduce costs.

IMG NC 1031 Exchange TIC Multifamily Raleigh

TO REQUEST MORE INFORMATION: Karlin Conklin Executive Vice President Investors Management Group, Inc. (971) 888-4010 ext. 104


All offers and sales of any securities will be made only to Accredited Investors through a Confidential Private Placement Memorandum and any exhibits and attachments thereto (collectively, the “PPM”). This communication is not the PPM, and is not intended nor shall it be construed to be an offer to sell any securities. No PPM will be presented to you unless and until IMG has first been able to validate your status as an Accredited Investor. Prior to subscribing, each investor must receive, read and fully understand the PPM which contains important disclosures, financial assumptions and risk factors, including, but not limited to, those risks set forth in the section of the PPM entitled “Risk Factors”. Each investor must base its decision to invest solely on the PPM, may rely only on the information contained in the PPM and should seek advice based on the investor’s particular circumstances from their own independent advisors. Past performance of IMG-sponsored investments may not be indicative of future results.