Arca II is a 256-unit Class A multifamily development in Las Vegas’ Southwest 215 Corridor — one of two properties in the Origin Select Asset Fund, targeting a 1.5x–1.7x multiple over a five-year term.1
Key highlights:
- Projected to deliver at $296K per unit vs. a $450K nearest comp
- Origin Multilytics® forecasts 4.7% rent growth CAGR over 5 years
- Las Vegas labor force has grown 28% over the past decade
- Second project with developer Edward Homes Development
After the development period, Select Asset Fund investors may redeem or remain in for an optional income period targeting an 8%–10% total return, with no management fee or carry for qualifying co-investors.2
Learn more and explore the fund.
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- Targeted performance doesn’t represent an actual investment in the Fund and frequently has sharp differences from actual returns. Targeted returns are inclusive of appreciation and are net of fees. There can be no assurance that the Fund will achieve comparable results or meet its target returns.
- Targeted performance assumes a sale of the Fund’s investments 5 years after the Fund’s final closing. The target total return for the optional income period is inclusive of 5%–6% target net annual distributions and 3%–4% target net annual appreciation.
