Cove Rose Rich Opportunity 60 DST

Houston, TX

IN DUE DILIGENCE

Asset Class:Retail
Leverage:0.00% - All-Cash/Debt-Free
Location(s):Houston, TX
Minimum Investment:$50,000
Current Distribution:Monthly/Inquire
Offering Type:DST
1031 Exchange Qualified:Yes

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Property Description

The Cove Rose Rich Opportunity DST is a 98% occupied, well located, debt free, multi tenant center with strong value add characteristics due to the favorable below replacement cost acquisition price as well as under market rents. Rose Rich is an opportunity for investors to participate in a debt free value add offering that seeks to grow investors income and equity appreciation potential overtime. The value add strategy consists of renewing and extending existing leases, an aggressive marketing and leasing campaign on vacant space and planned capital improvements at the property to enhance overall curb appeal and tenant relations/retention. The asset is well located in the Houston, TX metro area and investors will enjoy being in an income tax free state with strong population and job growth projected for the foreseeable future.

MSA Details

The Houston metro area attracts people with an entrepreneurial spirit and those who want to work at some of the country’s largest companies. Not only is Houston the hub of the oil and gas industries, but it’s also a major center of manufacturing and health care. The presence of these industries allows this region to weather economic downturns better than similarly sized metro areas. A paycheck goes further in Houston than it does in other major metro areas, with affordable housing and free or cheap attractions. Home to nearly 7 million residents in the metro area, Houston is attracting new people from across the country and around the world.

Property Highlights

  • Property is all-cash & debt-fee DST offering - No risk of Lender foreclosure.
  • Located in the income tax free state of Texas.
  • Strong currently yield potential with update potential Value-Add strategy.
  • Located in the Houston, TX MSA The 5th largest metro area in the U.S.
  • Shopping center boasts many national and regional tenants such as DD's Discounts, Melrose Family Fashion, T-Mobile, Family Dollar, Jackson Hewitt Tax Services, Citi Trends, Dollar Tree, Pizza Hut, EZ Pawn and more.
  • Long term national tenancy.

Source: Brochure

The market information provided above may not predict the future performance of the property.

*Distribution is not guaranteed and is subject to available cash flow. For further information about cash flow distributions from operations and capital events, please refer to the offering’s Private Placement Memorandum.

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Risks & Disclosures

All offerings shown are Regulation D Rule 506c offerings.

This material has been prepared for accredited investors (generally described as having a net worth of over $1 million dollars exclusive of primary residence) and accredited entities only. If you are unsure if you are an accredited investor and/or an accredited entity, please verify with your CPA and Attorney prior to considering an investment.

The information herein has been prepared for educational purposes only and does not constitute an offer to purchase securitie or real estate investments. Such offers are only made through the sponsors Private Placement Memorandum (PPM) which is solely available to accredited investors and accredited entities.

IRC Section 1031, IRC Section 1033 and IRC Section 721 are complex tax concepts, therefore you should consult your legal or tax professional regarding the specifics of your particular situation prior to considering an investment.

This material is not to be interpreted as tax or legal advice. Please speak with your own tax and legal advisors for advice/guidance regarding your particular situation.

There are risks associated with investing in real estate and Delaware Statutory Trust (DST) properties including, but not limited to, loss of entire investment principal, declining market values, tenant vacancies and illiquidity.

Investors should read the PPM carefully before investing paying special attention to the risk section.

Because investors situations and objectives vary this information is not intended to indicate suitability for any particular investor. Please speak with your CPA and Attorney to determine if an investment in real estate and DST properties is suitable for your particular situation/circumstances.

Past performance is not indicative of future returns.

Potential cash flows/returns/appreciation are not guaranteed and could be lower than anticipated.

There are significant limitations on the ability to sell or transfer interests.

Expected cash flows and returns may not be realized and a loss of invested capital is possible.

The Sponsor, Co-Sponsor, Master Tenant, Trustee & Affiliates will all receive substantial fees relating to the syndication, ongoing management and disposition of this offering.

Securities offered through FNEX Capital, member FINRA, SIPC.

There are important risks specific to each tenant and their respective leases, including expiration dates, early termination options, renewal options and economics relating to rents paid and expense reimbursements. Should a tenant fail to meet their obligations, terminate early or fail to renew their lease it could have a material negative impact on the financial performance of this property.