dakota ridge deal
Ascent Equity Group is excited to present this Value-Add Multifamily deal in Dallas Fort Worth.
The current opportunity is called Dakota Ridge and is already 60% subscribed.The deal has a focus on downside protection by using lower leverage (70%) and an impressive debt-to-service ratio of over 1.3. This is Ascent’s third deal with the sponsor that has an amazing tracked record of 54% IRR and 1.99 equity multiple.
The deal will be 1031-eligible and will have a large depreciation in year one.
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