Property Description

  • 248-unit apartment community completed in 2020. The property is comprised of ten 2 and 3-story residential buildings situated on approximately 12.28 acres, offering a diverse mix of 1, 2 and 3-bedroom units.
  • Unit amenities include granite countertops; kitchen islands (select units); kitchen tile backsplash; stainless steel appliances; built-in microwave with vent hood; custom wood shaker-style cabinetry; wood/vinyl flooring; full size washer/dryer; private balconies/patios and 9-foot ceilings.
  • Community amenities include a vineyard-inspired clubhouse; resort-style swimming pools; sundeck with outdoor grilling station; dog run and pet washing station; fitness center; car washing station; resident lounge with coffee bar and access-controlled entry and exit.

If you are interested in receiving a PPM for this property, please email info@privatecapitalhq.com

Property Type

Multifamily

Structure

Delaware Statutory Trust

Passco Braselton
DST

GA

Remaining Availability

1% Remaining

Total Funds
$37,675,000
Remaining Availability
Taking Backups
Minimum Investment
$100K
Funded To Date
$37,675,000
Est. Hold Period
See PPM
Leverage
52.34%
Equity Raise
$37,675,000
Price/SF or Price/Unit
$318,774/Unit

For More Details

 
 
 

Location Details

 
 
 

Population

See PPM

Population Growth

See PPM

About The Area

Hall County, Georgia is a suburb in north-central Georgia located approximately 57.1 miles northeast of the Atlanta central business district and is home to more than 330 manufacturing and processing centers and 50 international company locations, representing 15 foreign countries. Hall County is also home to the following 3 post-secondary academic institutions supporting an estimated 26,616 enrolled students: University of North Georgia (19,748), Brenau University (2,817), and Lanier Technical College (4,051). These academic institutions play an important role in the local economy, with the University of North Georgia and Brenau University generating a combined $870.5 million annual economic impact. In 2020, there were 12 new and expanded businesses within the county, adding an estimated 460 jobs and $200 million in capital investment. Since 2015 approximately 118 new and expanded businesses have announced 5,750 new jobs and roughly $1.5 billion in capital investment. Firms that are expanding their businesses within the area include ALBAform, Alfrex USA, American Yazaki Corporation, Boehringer Ingelheim, Cantrell-Gainco, Cottrell, Geveko Markings, KAB Health, Kubota, Marel, Mars Wrigley, PPG, Syfan Logistics and Testrite. In May 2020, Amazon opened a new delivery station in Buford, consisting of 2 buildings totaling more than 1 million square feet on 112 acres and created more than 200 full-time jobs.

 

Sponsor

Since 1998, Passco Companies, LLC has operated throughout all market conditions and cycles. The company has acquired over $6.1 billion in multifamily and commercial real estate in the United States. Since its inception, Passco Companies has become a recognized provider of investment opportunities in real estate projects.

Passco Companies is directed by a team of dedicated senior real estate professionals whose experience in the business averages 38 years, and who, collectively, have acquired over $35 billion in investment real estate projects.