Investment Overview

Introducing The Cedarland Portfolio: A collection of three newly constructed communities nestled in the charming town of Allyn, Washington. This impressive portfolio comprises a total of 34 distinct properties and 35 total units, spread across 65,669 square feet of rentable space. Among these, six properties were completed in 2018, 25 were completed in 2021 and three were complete in 2022. These residences offer a variety of layouts, with 31 three-bedroom units featuring two to three bathrooms, and four four-bedroom units offering 2.5 and 3.5 bathrooms. Thoughtfully designed, these homes feature modern, open-concept floorplans and high-end finishes, such as elegant quartz countertops, wood or luxury vinyl plank (LVP) flooring, stainless steel appliances, shaker cabinets, and brushed nickel fixtures. These properties stand out as rental options as they come with a desirable amenities package, including a full suite of stainless-steel appliances, wood-burning fireplaces, dedicated laundry rooms with washers and dryers, primary bedrooms with ensuite bathrooms, fenced yards or patios, and attached two car garages. The Cedarland Portfolio represents 35 newer construction, single-family homes valued as a multifamily investment asset. This blended pricing for the portfolio represents a 10 percent, or over $1,600,000 discount over individual home pricing, resulting in immediate equity for an incoming buyer. The single-family home market in Allyn has appreciated by 60% over the last five years, showing robust demand and a growing market. Originally built to sell with high-quality finishes and craftmanship resulting in a low maintenance product, these assets boast modern efficiency. With favorable debt options offering a flexible exit strategy, a savvy investor can realize the increased equity through the sale of the properties individually, which are already on their own individual tax lots.