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New Deal Launch in Tampa, Florida!

104 Unit Apartment Building with 18.5% Projected Annualized returns.

Spots for this deal are filling up quick! 

 

The Deal

OFFERING SUMMARY & RETURNS

average annualized returns 18.5%
average annual distributions 5.5%
distributions and reporting MONTHLY
equity multiplier 1.93x
hold period 5 YEARS
minimum investment $100,000 USD
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Timeline

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Priority Access / Official Launch
NOV 1 / NOV 6 2023
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Deadline to Execute Documents
NOV 17 2023
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Funding
Deadline
NOV 21
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Project Closing Date
DEC 15 2023

Faris Residences Largo

Is a 104-unit with significant value-add potential located right outside Tampa. This asset has tremendous value-add potential with a business plan of renovations on 95% of units. This, coupled with acquiring this property with a 20% discount has the potential to provide attractive returns to our investors.

INVESTMENT HIGHLIGHTS

$17.5M Purchase Price
($168,269 / unit)
$2.0M Total closing costs
+1.8M Total Capex budget
$21.4M Total all-in budget 
10.8M Total equity required 
$31.3M Projected value upon sale
$10M Projected value created 
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You’ll LOVE this deal because

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Largo is a desirable location with strong upside, 20 mins to Tampa airport and award-winning beaches.
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$325 per month per unit rent upside after renovation with projected forced increase in this property by $7m dollars.
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$168k per unit value. Well below replacement cost.
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Attractive assumable debt with low interest rate of 4.83%
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We analyzed 100+ deals before we found this golden opportunity.

You’ll LOVE this deal because

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Attractive assumable mortgage with low fixed interest rate of 4.83%.
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Largo is a desirable location with strong upside, 20 mins to Tampa airport and world class beaches.
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$324 per month per unit rent upside after renovation with projected forced increase in this property.
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Tampa has 12 new jobs for every 1 multifamily unit coming online.
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20% below 2021 price.
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To learn more about our Faris Residences Largo investment offering watch the recorded webinar

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Our first two deals average investment was $200k

Which means we only have 54 spots available for this deal!

Do not miss out on this rare deal in sunny Tampa, Florida! Get Started today!

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Book a 1-on-1
Call With Us

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Want to get ahead of the line?

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Why Florida?

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Why Tampa

economy

Booming Economy

target

Strategic Location

growth

Population Growth

business

Employment Opportunities

realestate

Strong Real Estate Market

foresight

Positive Investment Outlook

ABOUT US

Faris Capital Partners

At Faris Capital Partners, our mission is to go Full Out® to help real estate investors invest in multifamily apartments in Florida.

Our goal is to get premium returns for our Canadian and American investors and help you build mega wealth. We provide first class service and make it super easy for you to invest in real estate.

We are experts at finding great apartment deals and partnering with investors to raise capital. We then acquire, renovate, optimize rental income, and ultimately resell apartment buildings, maximizing investor returns at every stage.

Watch Mark Faris, CEO, explain how Faris Capital Partners helps Canadian Investors get better returns.

ABOUT US

Faris Capital Partners

At Faris Capital Partners, our mission is to go Full Out® to help real estate investors invest in multifamily apartments in Florida.

Our goal is to get premium returns for our Canadian and American investors and help you build mega wealth. We provide first class service and make it super easy for you to invest in real estate.

We are experts at finding great apartment deals and partnering with investors to raise capital. We then acquire, renovate, optimize rental income, and ultimately resell apartment buildings, maximizing investor returns at every stage.

Watch Mark Faris, CEO, explain how Faris Capital Partners helps Canadian Investors get better returns.

Headshot_Mark

Mark Faris

CEO
Headshot_John

John Macarewicz

PRESIDENT
djuric

Djuric Family Office

PARTNER

Track Record

Faris Capital Partners was founded by Mark Faris and John Makarewicz, two seasoned real estate professionals with a track record that speaks volumes, having scaled the two largest real estate teams in Canada and the US, respectively, and selling over$20 billion in real estate.

$20B

IN REAL ESATE SALES

7,000+

TOTAL UNITS OWNED

$1B

IN REAL ESATE ASSETS

 

Track Record

Faris Capital Partners was founded by Mark Faris and John Makarewicz, two seasoned real estate professionals with a track record that speaks volumes, having scaled the two largest real estate teams in Canada and the US, respectively, and selling over$20 billion in real estate.

$20B

IN REAL ESATE SALES

7,000+

TOTAL UNITS OWNED

$1B

IN REAL ESATE ASSETS
Headshot_Mark

Mark Faris

CEO
Headshot_John

John Macarewicz

PRESIDENT
djuric

Djuric Family Office

PARTNER

GET STARTEd today!

FCP_call

Book a 1-on-1
Call With Us

FCP_InvestIcon

Want to get ahead of the line?

FCP_WEbinar

On Demand
Webinar

999 Vanderbilt Beach Rd, Suite 200
Naples, Florida, 34108
United States

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