Sponsor and affiliate compensation includes a $151,000 annual asset management fee, a 3.0% property management fee on gross monthly revenue, and a 3% disposition fee.
Front-end fee composition
Dealer Fee$0.09M0.75%
Total front-end sponsor compensation$1,230,938 4.36% of acq. cost
Dealer Fee
$94,688
0.75%
Total Front-end Fees
$1,230,938
4.36%
Strengths
- Property management fee standard at 3.0% of monthly gross revenue
Concerns
- Annual asset management fee of $151,000 per year
- Disposition fee of 3% upon asset sale