Overview

{"root":{"children":[{"children":[{"detail":0,"format":0,"mode":"normal","style":"","text":"52TEN DD3, LP was a $4.85 million equity offering centered on Villa Estates, a 138-lot manufactured housing community in Omaha, Nebraska. Built in 1968 and fully occupied at acquisition, Villa Estates was the only MH property located near downtown Omaha, benefiting from a strong reputation and stable demand in one of the fastest-growing U.S. cities. With rents approximately 17% below market, the community presented meaningful upside through professional management, targeted capital improvements, and aligning rates with market levels.","type":"text","version":1}],"direction":"ltr","format":"","indent":0,"type":"paragraph","version":1,"textFormat":0,"textStyle":""},{"children":[{"detail":0,"format":0,"mode":"normal","style":"","text":"The business plan also included converting underutilized clubhouse space, enhancing resident amenities, and pursuing a supplemental loan to return capital to investors. The offering targeted a ","type":"text","version":1},{"detail":0,"format":1,"mode":"normal","style":"","text":"14.7% IRR","type":"text","version":1},{"detail":0,"format":0,"mode":"normal","style":"","text":", ","type":"text","version":1},{"detail":0,"format":1,"mode":"normal","style":"","text":"2.38x equity multiple","type":"text","version":1},{"detail":0,"format":0,"mode":"normal","style":"","text":", and ","type":"text","version":1},{"detail":0,"format":1,"mode":"normal","style":"","text":"3.7–9.9% cash-on-cash returns","type":"text","version":1},{"detail":0,"format":0,"mode":"normal","style":"","text":" over a 7-year hold, supported by a ","type":"text","version":1},{"detail":0,"format":1,"mode":"normal","style":"","text":"7% preferred return","type":"text","version":1},{"detail":0,"format":0,"mode":"normal","style":"","text":". Minimum investments ranged from ","type":"text","version":1},{"detail":0,"format":1,"mode":"normal","style":"","text":"$100,000 to $1,000,000","type":"text","version":1},{"detail":0,"format":0,"mode":"normal","style":"","text":", depending on share class.","type":"text","version":1}],"direction":"ltr","format":"","indent":0,"type":"paragraph","version":1,"textFormat":0,"textStyle":""}],"direction":"ltr","format":"","indent":0,"type":"root","version":1}}