AN EXCLUSIVE REAL ESTATE INVESTMENT OPPORTuNITY IN TEXAS WITHIN AUSTIN MSA

ELGIN - 46 ACRE LAND INVESTMENT

Projected 27.4% Annualized Return

8 % Preferred Return

2 Year Exit

1.55x Equity Multiple

Highlights of 46 Acre Land Investment

Elgin, TX within Austin MSA

Outstanding Commerical, mixed use and multifamily development opportunity

Direct Access to Major
Thoroughfares

Strong Submarket and
Property Performance

Affluent Surrounding
Demographics

Attractive Suburban
Location

Proximity to Employment and
Retail Centers

EXECUTIVE SUMMARY

We are extremely excited to announce our next investment opportunity to close the year with a low-risk asset that provides a 100% bonus depreciation opportunity for our investors. Cheslyn Place is a newly constructed Build-to-Rent community consisting of 49 Duplexes, all 3 beds, and 2.5 baths, with a one-car garage. The construction was completed in July 2022 and the property is already at 99% occupancy.

WHY SHOULD YOU CONSIDER INVESTING IN THIS PROPERTY

Its obvious, because it is located in the no. 1 US real estate market–AUSTIN , TX

Austin has one of the strongest real estate markets in the country due to its exceptional economic and population growth story

It's the fastest growing big metropolitan area and is ranked among the top ten metropolitan areas

Austin has a 20% increase in population over eight years

The unemployment rate is 2.7% in Austin

EXECUTIVE SUMMARY

We are extremely excited to announce our next investment opportunity to close the year with a low-risk asset that provides a 100% bonus depreciation opportunity for our investors. Cheslyn Place is a newly constructed Build-to-Rent community consisting of 49 Duplexes, all 3 beds, and 2.5 baths, with a one-car garage. The construction was completed in July 2022 and the property is already at 99% occupancy.

The property is located in Elgin, TX, just 19 miles east of Downtown Austin.

Elgin has seen rapid growth in population and job opportunities in recent years, with over 6,500 homes expected to be built in the next 3 to 7 years and the Samsung Manufacturing facility located nearby.

The property has over 1,577 feet of highway frontage on U.S. Highway 290 and is located within a Qualified Opportunity Zone and a Tax Reinvestment Zone, which could provide additional incentives.

The property is zoned for highway commercial and allows for high-density residential and all commercial uses, making it an ideal location for retailers.

The property's size allows for significant value creation by dividing the larger parcel into smaller lots and bringing in necessary infrastructure such as utilities and roadways.

The plan is to target an anchor tenant and increase the land value with frontage along Highway 290 by designing in-line with the type of retail pads that would best serve the property.

Elgin's population is expected to continue to grow significantly with the number of residential communities under development, and Austin Community College has discussed expanding their Elgin campus to accommodate growth.

CHESLYN PLACE AERIAL OVERVIEW

Cheslyn Place is comprised of 98 pristine single-family units. Each unit is approximately 1,366 square feet and has 3 bedrooms and 2.5 bathrooms. The Property also offers tenants amenities such as a children’s playground, outdoor track, dog park, and an outdoor patio area.

reserve a spot in the deal Now

MEET OUR TEAM

Shravan

Shravan Parsi

CEO & Founder
William

William Little III, CM, AVS

Vice President of Development & Entitlements

John

John Kaschak

Director of Acquisition & Entitlements

Pat

Pat Dertien

Director of Capital Markets

Jessica

Jessica Stanley

Director of Operations

Lucy

Lucy Litteaur

Executive Administrator to CEO

Legal Disclaimer: This foregoing is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by American Ventures or their affiliates. Nothing in this post shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction. Any securities offered by American Ventures or their affiliates, will only be offered pursuant to a private placement memorandum and only to accredited investors.

© All Rights Reserved.