We are happy to introduce you to our next acquisition, The Aspect, located in Orlando, FL for the Ashcroft Value-Add Fund II ("AVAF2"). The Aspect is a 432-unit property located less than 3-miles from Halston Four Corners, an AVAF1 asset. Originally marketed as a two-asset portfolio, we pursued and were awarded the asset that best suited our value-add strategy. Furthermore, we were awarded this stand-alone acquisition at a 9% discount below the initial marketed price.
We look forward to having you join us for the conference call to further introduce The Aspect to you.
* AVAF2 will be taking a tenancy-in-common interests in this portfolio, together with other tenants-in-common. Nine of which are reinvesting their sales proceeds through a 1031 exchange, and controlled by Ashcroft Capital Managers, LLC, an affiliate of Ashcroft Capital, LLC.
Have questions about the Ashcroft Value-Add Fund II?
Schedule a phone call with our Investor Relations team.
When Coach Trevor McGregor started investing in real estate, he was focused on buying condos and townhouses. Once he decided he wanted to scale his investments, he realized that multifamily was a better path. "[Ashcroft] has really let me grow and scale to levels that I really didn't think were possible," says Trevor. Find out more about Trevor's journey in this featured Investor Perspective story.
Endnotes: This communication does not constitute an offer or solicitation to sell securities. Offerings are made pursuant to SEC rule 506(c) and only available to Accredited Investors. The limited partnership interests will not be registered with the Securities and Exchange Commission or any other federal or state regulator. Investments in private placements are highly speculative and involve a high degree of risk. Prospective investors should carefully consider the risks in the Partnerships private placement memorandum, limited partnership agreement and subscription agreement (together the "Offering Documents"), when evaluating whether to make an investment. Prospective investors should also consult with their own legal, tax, and financial advisors about an investment in the limited partnership interests. Investors could lose all or part of their investments. Investments may only be made by accredited investors and in accordance with the subscription procedures of the Partnership following a prospective investor's review of the Offering Documents. The Partnership expressly reserves the right to reject any indication of interest or subscription agreement from a prospective investor.
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