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Offering Summary

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JWCM Vivian DST

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JWCM Vivian DST is offering $46,170,900 in equity for a 325-unit multifamily community in Atlanta, GA, built in 2023. The offering projects a 5.31% average full-term income.

Capital structure

Offering Equity$30.36M50.6% · $121,449 / unit
Offering Debt$29.64M

Offering price

$60.0M

Price / unit

$240,000

Units

250

Property age

12 yrs

Projected distribution rate

Avg 6.75%
Term avg.
Term avg. 5.31%

Year-one distribution of 6.25% stepping to 7.20% by year seven.

The property

325-Unit 2023-Vintage Multifamily Property in Atlanta, GA

$81,500,000 acquisition price

JWCM Vivian DST

multifamily apartment community

The main property was built and completed in 2023.

1246 Allene Avenue Atlanta, GA, 30310

1246 Allene Avenue Atlanta, GA, 30310

325 unitsmultifamily apartment community

$81,500,000

100.0% of portfolio

Seller
—
Property manager
JWCM Exchange I, LLC
Sponsor

JWCM Exchange I, LLC

Asset Type

Multifamily apartment community

Location

1246 Allene Avenue Atlanta, GA, 30310

Units

325

Property Age

The main property was built and completed in 2023.

Offering Price

$46,170,900

Offering Debt

$47,189,000

Offering Equity

$46,170,900

Offering LTV

50.55%

Income % (Yr. 1)

—

Avg. Income (Full Term)

5.31%

Minimum Cash Investment

—

Minimum 1031 Investment

—

Strengths

  • 325-unit multifamily community constructed in 2023
  • Targeted 5.31% average full-term income yield

Concerns

  • Single-asset concentration in Atlanta, GA
  • Equity raise size is $46,170,900