CURRENT OFFERING
VISTAS AT PLUM CREEK — 186 UNITS — DENVER MSA
IMG is sponsoring the limited syndication of a 186-unit multifamily community in the Denver MSA. The investment is available to accredited investors through a 506(c) offering.
Minimum Limited Partner Investment: $25,000
Minimum Tenant in Common Investment: $750,000
Investment Highlights
- A rare opportunity to join an experienced ownership group in a proven investment
- Vistas has been a stable, cash-flowing property located in a desirable Denver submarket
- Current investors will extend their hold period, with many reinvesting to increase their ownership
- New investors benefit from a new fixed-rate loan and funded reserves for an estimated 5-year hold
- Castle Rock is one of the fastest-growing communities in the Denver metro, gaining 11% population since 2020
- High home prices in the area make Vistas' rent levels a great value, with occupancy averaging 93%
- The property boasts a track record of steady performance and consistent returns over nearly a decade
| Property Type: | Multifamily |
| Market: | Denver MSA |
| Units: | 186 |
| Exchange Funds Accepted? | Yes |
| IRAs Accepted? | Yes |
| Target Hold Period: | 5 years |
| Minimum TIC Investment: | $750,000 |
| Minimum LP Investment: | $25,000 |
| Total Investor Capital: | $18.3M |
| Targeted Investor IRR: | 12.2% |
| Targeted Equity Multiple: | 1.7x |
| Targeted Avg Annual Cash/Cash: | 5.1% |
| Funds Due: | Oct 3rd |
| Target Close Date: | End of October |
