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Peoples Capital Group

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PCG Fund III LLC

Actively Raising

Overview

Off Market, discounted 42 unit value add apartment building within a 50 minute commute to Manhattan located near downtown Passaic New Jersey. This asset was purchased in December of 2024 by PCG Fund III LLC (Managed by Peoples Capital Group) and a limited number of spots remain for accredited investors to participate in this exclusive opportunity. Target IRR : 19% Preferred Rate: 8% IRR Investment Length : 5 years Refinance Target: 80% of capital returned at month 37 Cash Flow Begins : Quarter 1 of ownership Target Equity Multiple: 1.9X Minimum Investment : $50,000

Accepted Investors

Accredited

Qualified Purchaser

Family Office

Institutional

Raise Close Date

12/30/2024

Regulation Type

506C

Deal Type

Syndication

Asset Location(s)

New Jersey

Asset Class(es)

Multifamily

Details

Target Raise$4.1M
Close Date12/30/2024
Min Investment$50,000
Target IRR18% - 20%
Target Hold Period3 years - 5 years
Target Equity Multiple1.8x - 2x
Preferred Return8% - 8%
Target Cash-on-Cash2% - 8%
Target AAR13% - 15%