Heights on Katy
The team at Open Door Capital has teamed up again with Disrupt Equity, one of the premier multifamily real estate syndication firms in the US, to offer its newest investment opportunity, Cheval Apartments. Cheval Apartments is a 387-unit, Class A apartment complex located in a prime submarket of Houston, TX. What we love most about this deal is the risk-adjusted returns — it’s a 2005 vintage, quality-built, Class A product in one of the hottest submarkets of Houston, BUT it still has a strong value-add component via unit turns, rent increases, and capitalizing on additional income generating opportunities.

Check out the video below to learn more about Cheval Apartments! You can view the Executive Summary, along with the other Offering Documents, in the "Documents" tab above.




*The targets above are intended for illustrative purposes only to facilitate analysis and are not guaranteed by Sponsors as there are no assurances these targets will be met. These targets are based on past metrics, past performances, and past experiences of the Sponsors in the multifamily space. Sponsors make no representations or warranties that any investor will, or is likely to, attain the targets shown above since hypothetical or simulated performance is not an indicator or assurance of future results. Please review the financial disclaimers and risk factors in the PPM.

All offers and sales of any securities will be made only to Accredited Investors, which for natural persons, are investors who meet certain minimum annual income or net worth thresholds or hold certain SEC approved certifications.   Any securities that are offered, are offered in reliance on certain exemptions from the registration requirements of the Securities Act of 1933 (primarily Rule 506C of Regulation D and/or Section 4(a)(2) of the Act) and are not required to comply with specific disclosure requirements that apply to registrations under the Act.

The SEC has not passed upon the merits of, or given its approval to any securities offered by Open Door Capital and Disrupt Equity, the terms of the offering, or the accuracy of completeness of any offering materials.  Any securities that are offered by Open Door Capital and Disrupt Equity are subject to legal restrictions on transfer and resale and investors should not assume they will be able to resell any securities offered by Open Door Capital and Disrupt Equity.

Investing in securities involves risk, and investors should be able to bear the loss of their investment.  Any securities offered by Open Door Capital and Disrupt Equity are not subject to the protections of the Investment Company Act.

Any performance data shared by Open Door Capital and Disrupt Equity represents past performance and past performance does not guarantee future results.  Neither Open Door Capital and Disrupt Equity nor any of its offerings are required by law to follow any standard methodology when calculating and representing performance data and the performance of any such offerings may not be directly comparable to the performance of other private or registered offerings.

KEY INFORMATION
Accredited Investors
506(c) Reg D
$75,000
Minimum Investment
Hold Period
5-10 Years

Class A Cumulative Preferred Return
11%
Class A Profit Split Above Preferred Return
None
Class B Cumulative Preferred Return
7%
Class B Profit Split Above Preferred Return
70 LP/30 GP
Class B Profit Split After 15% LP IRR
50 LP/50 GP
Class B Targeted AAR*
13-18%
Heights on Katy
The team at Open Door Capital has teamed up again with Disrupt Equity, one of the premier multifamily real estate syndication firms in the US, to offer its newest investment opportunity, Cheval Apartments. Cheval Apartments is a 387-unit, Class A apartment complex located in a prime submarket of Houston, TX. What we love most about this deal is the risk-adjusted returns — it’s a 2005 vintage, quality-built, Class A product in one of the hottest submarkets of Houston, BUT it still has a strong value-add component via unit turns, rent increases, and capitalizing on additional income generating opportunities.

Key Information
506(c) Reg D Accredited Investors
Minimum Investment $75,000
Hold Period 5-10 Years


Class A Cumulative Preferred Return 11%
Class A Profit Split Above Preferred Return None
Class B Cumulative Preferred Return 7%
Class B Profit Split Above Preferred Return 70 LP/30 GP
Class B Profit Split After 15% LP IRR 50 LP/50 GP
Class B Targeted AAR* 13-18%
Investment Summary

Check out the video below to learn more about Cheval Apartments! You can view the Executive Summary, along with the other Offering Documents, in the "Documents" tab above.




*The targets above are intended for illustrative purposes only to facilitate analysis and are not guaranteed by Sponsors as there are no assurances these targets will be met. These targets are based on past metrics, past performances, and past experiences of the Sponsors in the multifamily space. Sponsors make no representations or warranties that any investor will, or is likely to, attain the targets shown above since hypothetical or simulated performance is not an indicator or assurance of future results. Please review the financial disclaimers and risk factors in the PPM.

All offers and sales of any securities will be made only to Accredited Investors, which for natural persons, are investors who meet certain minimum annual income or net worth thresholds or hold certain SEC approved certifications.   Any securities that are offered, are offered in reliance on certain exemptions from the registration requirements of the Securities Act of 1933 (primarily Rule 506C of Regulation D and/or Section 4(a)(2) of the Act) and are not required to comply with specific disclosure requirements that apply to registrations under the Act.

The SEC has not passed upon the merits of, or given its approval to any securities offered by Open Door Capital and Disrupt Equity, the terms of the offering, or the accuracy of completeness of any offering materials.  Any securities that are offered by Open Door Capital and Disrupt Equity are subject to legal restrictions on transfer and resale and investors should not assume they will be able to resell any securities offered by Open Door Capital and Disrupt Equity.

Investing in securities involves risk, and investors should be able to bear the loss of their investment.  Any securities offered by Open Door Capital and Disrupt Equity are not subject to the protections of the Investment Company Act.

Any performance data shared by Open Door Capital and Disrupt Equity represents past performance and past performance does not guarantee future results.  Neither Open Door Capital and Disrupt Equity nor any of its offerings are required by law to follow any standard methodology when calculating and representing performance data and the performance of any such offerings may not be directly comparable to the performance of other private or registered offerings.