Structured LP Equity Opportunity – 29-Unit Stabilized Student Housing (Midwest) – 8%

[Eduardo Cambil]

Looking to connect with a serious equity partner (not debt, not pref lenders) for a stabilized multifamily acquisition in a university market.

Deal Snapshot
• 29 units – Student housing (annual leases, August cycle)
• 100% occupied
• In-place NOI ~ $210K+ (path to ~$235K–$240K through lease roll & expense normalization)
• Purchase price: $2.88M (off-market basis)
• Senior DSCR loan targeted at ~65% LTV
• Strong DSCR at acquisition

What We Are Seeking
True LP equity at the LLC level in the ~$850K–$1M range.

This is not:
• Preferred equity above 80–85% LTC
• Mezz debt
• Bridge debt
• Hard money
• Capital stack layering

We are keeping the structure clean and refinanceable.

Structure Overview
• 8% current preferred return (quarterly)
• Additional small exit kicker
• Defined refinance window: 24–30 months (base case)
• Objective: return LP capital + accrued pref at refi
• Not a permanent equity hold

Sponsor Context
• Asset already underwritten with full T12s, rent rolls, YTD financials
• Supported by experienced operator (400+ units)
• Conservative underwriting – no aggressive rent growth assumptions

We are looking to align with a capital preservation + yield-focused investor who values in-place cash flow and a defined capital event.

If you are an equity partner comfortable with Midwest university markets and structured refinance exits, feel free to DM to schedule a call.

Please note: we are not seeking debt, pref strips, or capital stack engineering — strictly LP equity participation.

— Eduardo

[email protected]