A High Yield Multi-tenant Industrial Real Estate Investment
Available to Accredited Investors Only
Technology Park, 222,059 SF Multi-Tenant Industrial Park
Farmington Hills Michigan
1. Healthy yield – targeted average 11% yield* and 17.24% IRR* based on a 5 year hold. See Offering Material for details.
2. Bought at the right price. The property was purchased approximately 40% below replacement cost
3. Great location – Major business hub with 98.5% occupancy rate in Farmington Hills industrial real estate.
4. Upside potential – This property is undermanaged with only 89% occupancy, right in our sweet spot for value creation.
5. 3.21% fixed rate financing for 8 years – potentially protects distribution yields and provides inflation protection.
6. Strong Tenant Mix – SiriusXM, Quest Diagnostics, Statysis, Polyplastics, ++
We are multi-tenant industrial/warehouse experts. We have completed a round trip on 24 multi-tenant industrial properties and provided an average annual weighted return of 19.01% to our investors.**
4.1 MILLION SQ FT
In Acquisitions
19.01%
Weighted Internal Rate of Return
3.38 YEARS
Weighted Hold Period
24
Full Cycle Investments
1.55%
Weighted Investment Multiple
8.19%
Weighted
Yearly Distribution Yield
See Important Disclosures Below
Successful Experienced Multi-tenant Industrial Investment Team
Our executive management team has more than 160 years of combined commercial real estate experience. We conservatively underwrite all acquisitions, acquire and operate properties with potential for high yield and capital appreciation. **
We Co-invest With You
Our interests are aligned because we invest alongside our investors and the principals take a hands-on approach to ensure that each investment provides the maximum return possible for all of us.**
**Accredited Investors Only
**Past performance does not guarantee future results
*SEE IMPORTANT DISCLOSURE BELOW
**Accredited Investors Only
**Past performance does not guarantee future results
*SEE IMPORTANT DISCLOSURE BELOW
**Accredited Investors Only
**Past performance does not guarantee future results
*SEE IMPORTANT DISCLOSURE BELOW
| Property’s Acquisition Price: | $25,500,000 ($114.32 psf) |
| Projected Debt: | $14,700,000 |
| Projected Equity: | $12,508,000 |
| Projected Capitalization: | $27,208,000 |
| Loan Terms: | 3.21%, fixed rate, 10-year term due 4-1-2031, until Apr 2024, 20-year am thereafter |
| Projected Yield (5-yr avg): | 7% (cash flow) 4% (amortization) 11% (cash flow + amortization) See notes 1, 2 |
| Projected IRR (5-yr hold): | 17.24% See notes 1,2 |
| Projected Holding Period: | 3- to 5-Years |
(1) The above chart is preliminary and consists of projections, terms and amounts, and must be viewed in conjunction with the Risk Factors on Page 29 below and the Avistone Industrial Parks III LP Private Placement Memorandum (“PPM”) and all supplements, exhibits and addendum attached thereto including those issued in connection with the acquisition of and investment in Technology Park Portfolio.
(2) There is no guarantee investors will receive cash flow or a full return of capital. See “Risk Factors” in the Avistone Industrial Parks III PPM and on Page 29. The results shown may not occur. Investment performance could vary significantly.
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*IMPORTANT DISCLOSURES: This communication is intended exclusively for the private and confidential use of accredited investors. It is transmitted by the sponsor of the investment opportunity, Avistone, LLC, or one of its affiliates (referred to as "Avistone" or "Sponsor") and is provided solely for informational purposes. All information and opinions contained herein, including assumptions and projections (collectively referred to as "Projections"), are furnished by the Sponsor. The Sponsor and its affiliates make no representations or warranties regarding the accuracy of such information and disclaim any liability in this regard. None of the content in this communication is intended to create a binding obligation on the part of the Sponsor or its affiliates. This communication is fully qualified by reference to the comprehensive information regarding the offering set forth in the Sponsor's offering documents, including any private placement memorandum, operating agreement, and subscription agreement (collectively referred to as "Offering Documents"), which should be carefully reviewed before making any investment.
The Projections provided by the Sponsor, including target IRR, target cash-on-cash, and target equity multiple (referred to as "Targets"), are hypothetical and are not based on actual investment results. They are presented solely to provide insight into the Sponsor's investment objectives, outline anticipated risk and reward characteristics, and establish a benchmark for future evaluation of the Sponsor's performance. The Sponsor's Projections and Targets do not constitute predictions, projections, or guarantees of future performance. There is no assurance that the Sponsor will achieve these Projections or Targets. Forward-looking statements, including the Sponsor's Projections and Targets, inherently involve a variety of risks and uncertainties, and actual results may substantially and materially vary from those anticipated. Refer to the applicable Offering Documents for disclosures concerning forward-looking statements. Projections and Targets, including forward-looking statements, should not be the primary basis for an investment decision. Avistone and its affiliates do not provide any assurance regarding returns, or the accuracy or reasonableness of the Projections or Targets provided by the Sponsor. Past performance does not predict future results. The historical performance record of Avistone is not indicative of future outcomes. Third-party audits have not been conducted on the performance of Avistone's prior projects. Differing property offerings and commitment dates for individual property offerings resulted in varying returns for investors.
The metrics of the Full-Cycle Track Record on industrial properties are calculated based on weighted averages that treat investment dollars equally and are computed by aggregating the outcomes of all Avistone full-cycle industrial property investments, with weights corresponding to the respective capitalization amounts for each Full Cycle Investment. This real estate investment is speculative and involves substantial risk. There is a potential for a partial or complete loss of principal investment and should only be undertaken if you are prepared to bear the consequences of such a loss. Thoroughly review all of the Sponsor's Offering Documents, including any "Risk Factors" therein. For additional information concerning risks and disclosures, please visit https://www.avistone.com. None of the content in this communication should be considered investment advice, whether regarding a specific security or an overall investment strategy. Reproduction or distribution of this message to any individual or entity outside the recipient's organization is prohibited without the express consent of Avistone.