See below for the webinar recording and more details about the deal

PASSIVE INVESTMENT OPPORTUNITY

ROYAL SIENNA APARTMENTS

This is a fantastic value-add opportunity in Missouri City, Houston, TX

QRP, Solo 401(k), SD-IRA

506(c) For Accredited Investors Only

Note: This 506(c) syndication is open to ACCREDITED investors only.

Investment Overview

royal SIENNA apartments

  • Royal Sienna is a 330-unit brand- new build completed in 2021. The property is currently 98% occupied with 85% economic occupancy. As the only new property in the area that is completing lease-up, we will leverage a proven strategy to burn-off concessions, enhance amenities, and optimize staff and operations.
  • The best-in-class amenity set has driven resident demand with the property averaging 28 units of absorption per month in 2021 and over 34 units per month over the trailing 3 months. 
  • Upward rental momentum with last leases showing 18% growth over the in-place rent roll.
  • Average household income within 1-mile radius of Property of $138,000 with booming population – 92% population growth within 1-mile radius of Property from 2010-2020. 

330

UNITS

14.35

Acres

2021

YEARS BUILT

$1556

AVG RENT PER MONTH

★ 506(c) offer For Accredited Investors Only

Investment highlights

  • Property is located in the Sugar Land/Sienna submarket within a 30 minute commute to over
    560,000 employees and 20 minutes to downtown Houston
 
  • Burn off concessions (no property in that submarket offers it) and stabilize occupancy
    Conservatively projecting only 6% rental growth in year 1 against the 18% actual market
    growth, with 4% in year 2, and tapering to 3% thereafter
  • Fully capture additional income that is prevalent in the market. This includes the following:

There are 148 carports on the property at $50 per carport per month

There are 124 private garages available at $135 per garage per month

Valet trash generates income at $30 per month per tenant

Tenants will reimburse the property for water & sewer usage

Implement a bulk cable contract generating $94,050 in net income per year

  • Improve operational and staffing efficiency.

BRAND NEW CONSTRUCTION

STRONG SUBMARKET FUNDAMENTALS

HIGH GROWTH LOCATION

AWARD WINNING COMMUNITY

Award winning 10,000 acre Sienna master planned community with gorgeous homes and impressive amenity set. You have the opportunity to invest in either Class A and/or Classes B, C, and D based on your investment needs and desire for risk-adjusted returns.

Take A Tour royal SIENNA APARTMENTS

Play Video
achieve investment group
about achieve investment group

Meet The Achieve Investment Group Management Team

James Kandasamy

James Kandasamy

Director of Acquisition, and
Investor Relations
Shanti James

Shanti James

Director of Property and
Construction Management