Real estate investment fund targeting multi-tenant residential and commercial rental properties.
Series 1 is managed by NMP Real Estate Management LLC (the “Manager“). The Manager is comprised of a well-rounded team with a unique knowledge of the local market in Central Massachusetts and also with experience in all stages of real estate investment, from purchasing and renting to construction and maintenance of the properties.
For information purposes only. Offering via Private Placement Memorandum.
Advantages
With experience in construction, maintenance, and real estate, the properties will be selectively chosen for low maintenance and high yield.
Included in the management fee is not only the fund management but also property management as NMP Real Estate Management LLC provides both services.
The partnership with Morse Bros LLC. provides seamless quality services for the properties.
Depreciation tax write-offs will be dispersed to all the investors.
Opportunity in Real Estate
With a higher percentage of people renting now than in the last 15 years, The Manager Believes(1) there is a very high demand for apartments. In 2019 37.84% of people in the United States rented their homes(1). Renting is not only for people that can not afford to buy a house, there are many renters that are in the middle class or higher, that just prefer to rent for different reasons. High-income renters have increased by 545,000 through 2018. Those earning over $75,000 accounted for 75% of new renters (3.2 million) from 2010 to 2018. 157% more Americans earning more than $150K per year began renting this past decade (2).
With that being said our residential targeted markets are these renters. The current housing shortage leaves a nice window of opportunity. As for Commercial and industrial buildings, our goal is to acquire buildings with multiple units and easy-to-find renters. The targeted renters of series 1 are going to be essential businesses that cannot be outsourced such as construction trades, medical, automotive facilities, etc. Tradesman parks will be one of our top focuses.
(1) https://www.deptofnumbers.com/rent/massachusetts/
(2) https://managecasa.com/
Contact us.
info@nmpmanagers.com
(978) 668-8139
25 Theodore Dr, Unit A
Westminster. MA 01473