Invest

Fully Subscribed • 324 Units, San Antonio

IMG Apex TIC Syndication Apartment Investment

Apex Apartments 13999 Old Blanco Road, San Antonio, TX 78216

  • Minimum Limited Partner Investment: $25,000 - Fully Subscribed 
  • Minimum Tenant in Common Investment: $750,000 - Positions Fully Subscribed 

Investment Highlights

Investors Management Group, Inc. (“IMG”) has acquired Apex Apartments via a Tenancy In Common ownership structure through a 506(c) securities offering. Discounted asset pricing and historically low debt rates provided uniquely attractive circumstances for this acquisition. IMG focused on conservative underwriting to account for the uncertainties of a pandemic environment. Located in North San Antonio, Apex offers a compelling value-add opportunity:

  • Unit mix & townhome floor plans unmatched in the competitive set
  • Historically strong occupancy
  • $9M in renovations completed in the past 5 years
  • Located outside of the downtown core; aligned with post-CV19 population shift
  • San Antonio and the state of Texas are ranked among the nation’s fastest growing economies and populations

IMG's 506(c) offerings are available to accredited investors on a first-fund basis.

Built in 1996, Apex presents an opportunity to execute a classic rehab/reposition strategy that adds value and drives long-term rent growth.

Initial Posting Date:  June 29, 2020
Property Type:  MF, Garden
Investment Profile:  Value-Add
Total Investor Capital:  $18,475,000
Minimum Investment:  $25,000
SD-IRAs Accepted?  Yes
Funds Due:  Sept 1, 2020
Target Hold Period:  5 years
Targeted Investor IRR:  14.02%
Targeted Equity Multiple:  1.81x
Targeted Equity Multiple:  7.98%
Distribution Start Date (Est):  Jan 2021
Distribution Frequency:  Monthly

Interested in future apartment investment offerings? Join our waitlist to receive the first opportunity to invest as tenant in common (1031 exchange) positions and membership interests become available.

Contact:

DAVE MIKKELSEN

Investor Relations Manager
David.Mikkelsen@imgre.com
(747) 262-5652

KARLIN CONKLIN

Principal, Executive Vice President
Karlin.Conklin@imgre.com
(747) 262-5685