Asset Portfolio
"Assets put money in your pocket, whether you work or not, and liabilities take money from your pocket."
Jolee Investing LLC provides passive investment opportunities in multifamily real estate to help sophisticated and/or accredited investors acquire assets and build wealth. Target markets include Texas and Florida with a focus on class B & C value add opportunities.
Cranbrook Forest Apartments
Houston, TX
Limited Partners
262 Units, Class C Value-Add Property
5 Year Hold Period
Fixed Rate 3.31% Loan Assumption
100% Projected Total Return
8% Average Annual Cash Flow
17% IRR for Equity Investors
100% Bonus Depreciation
The Oasis at Ballast Point
Tampa, FL
Limited Partners
135 Units, Class B Value-Add Property
5 Year Hold Period
5 Year Bridge Loan
100% Projected Total Return
8% Average Annual Cash Flow
15% IRR for Equity Investors
120% Bonus Depreciation
Calder Square Apartments
League City, TX
Limited Partners
164 Units, Class B Value-Add Property
3-5 Year Hold Period
5 Year Bridge Loan, Interest Only
90% Projected Total Return
8% Average Annual Cash Flow
15% IRR for Equity Investors
100% Bonus Depreciation
The Morgan & Wilcox Apartments
Houston, TX
General Partners
624 units, Class B Value-Add Property
3-5 Year Hold Period
100% Projected Total Return
7% Average Annual Cash Flow
16% IRR
100% Bonus Depreciation
