The Texas 3-Pack
Partner with Open Door Capital and Disrupt Equity on our latest investment opportunity — the Texas 3-Pack! After filtering through 700+ deals, we found this gem - a 673-unit portfolio comprised of 3 apartment complexes in the Houston and Austin MSAs. By assuming the seller’s loan we’ve secured a fixed rate of 3.8%, with interest-only payments for the next 7 years. Plus, because we’re buying it off-market, we are getting a ~$24M discount relative to 12 months ago. Two of the properties are just 10 minutes away from Disrupt Equity Headquarters in Houston, and the other is 5 minutes from 2 other assets we own in Austin, allowing us to push the needle on value creation and increase our efficiencies. All 3 properties are situated in highly sought-after submarkets within each MSA, and have all seen above-average rent growth that has outpaced inflation by a wide margin.

Download the Executive Summary


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*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 multifamily asset 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 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, the terms of the offering, or the accuracy of completeness of any offering materials.  Any securities that are offered by Open Door Capital 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.  


Investing in securities involves risk, and investors should be able to bear the loss of their investment.  Any securities offered by Open Door Capital are not subject to the protections of the Investment Company Act.  Any performance data shared by Open Door Capital represents past performance and past performance does not guarantee future results.  


Neither Open Door Capital nor any of its funds are required by law to follow any standard methodology when calculating and representing performance data and the performance of any such funds may not be directly comparable to the performance of other private or registered funds.

KEY INFORMATION
16-18%
TARGETED AVG. ANNUAL RETURN* (CLASS B)
7-9%
TARGETED AVG. ANNUAL CoC* (CLASS B)
Cumulative Preferred Return (Class A)
10%
Cumulative Preferred Return (Class B)
8%
Profit Split Above Pref Return (Class A)
None
Profit Split Above Pref Return (Class B)
70 LP / 30 GP
506(c) Reg D
Accredited Investors
Profit Split Above 15% LP IRR (Class B)
50 LP / 50 GP
Minimum Investment
$100,000
Hold Period
5-10 Years
The Texas 3-Pack
Partner with Open Door Capital and Disrupt Equity on our latest investment opportunity — the Texas 3-Pack! After filtering through 700+ deals, we found this gem - a 673-unit portfolio comprised of 3 apartment complexes in the Houston and Austin MSAs. By assuming the seller’s loan we’ve secured a fixed rate of 3.8%, with interest-only payments for the next 7 years. Plus, because we’re buying it off-market, we are getting a ~$24M discount relative to 12 months ago. Two of the properties are just 10 minutes away from Disrupt Equity Headquarters in Houston, and the other is 5 minutes from 2 other assets we own in Austin, allowing us to push the needle on value creation and increase our efficiencies. All 3 properties are situated in highly sought-after submarkets within each MSA, and have all seen above-average rent growth that has outpaced inflation by a wide margin.

Key Information
TARGETED AVG. ANNUAL RETURN* (CLASS B) 16-18%
TARGETED AVG. ANNUAL CoC* (CLASS B) 7-9%
Cumulative Preferred Return (Class A) 10%
Cumulative Preferred Return (Class B) 8%
Profit Split Above Pref Return (Class A) None
Profit Split Above Pref Return (Class B) 70 LP / 30 GP
506(c) Reg D Accredited Investors
Profit Split Above 15% LP IRR (Class B) 50 LP / 50 GP
Minimum Investment $100,000
Hold Period 5-10 Years
Investment Summary

Download the Executive Summary


Watch the Deal Overview Webinar







*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 multifamily asset 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 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, the terms of the offering, or the accuracy of completeness of any offering materials.  Any securities that are offered by Open Door Capital 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.  


Investing in securities involves risk, and investors should be able to bear the loss of their investment.  Any securities offered by Open Door Capital are not subject to the protections of the Investment Company Act.  Any performance data shared by Open Door Capital represents past performance and past performance does not guarantee future results.  


Neither Open Door Capital nor any of its funds are required by law to follow any standard methodology when calculating and representing performance data and the performance of any such funds may not be directly comparable to the performance of other private or registered funds.