Part of the Ashcroft Value-Add Fund II
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 was originally marketed as part of a two-asset portfolio, with the second asset being in a lower quality submarket, of different quality and much older construction. Due to our strong relationship with the broker, we learned that the mismatch of the two assets caused the portfolio to not be gaining much interest in the market. Combining this broker relationship with our track record of closing deals, we were awarded The Aspect at a price 9% below the initial marketed price.
Ready to Get Started?
Schedule a 1-on-1 call with a member of our investor relations team to learn more. During this call, we will discuss your investment goals, tell you more about our company, and answer any questions you may have about our most recent investment offering. We look forward to assisting you with your passive investing journey.
Targeted Fund Returns*
13% to 20%
Cash on Cash Returns
6.8% to 8.5%
Levered IRR (Net)
13% to 18%
Equity Multiple (Net)
1.5x to 2.0x
Annual Cash-on-Cash Projections**
*Based on 5 year hold for Class B Limited Partner Investment. Target returns represent ranges for base case, downside, and upside scenarios.
**Projected cash on cash returns are based on base case assumptions for the properties within the Fund
Note: Projected returns are based on LP levels of Fund
Investors have the opportunity to invest in Class A and/or Class B Limited Partnership Interests.
Limited Partner (A) - Class A
Class A Limited Partner’s earn a coupon of 9% per annum of such Limited Partner’s investment in Partnership (the “Class A Coupon”). Class A Limited Partners have limited distributions upon disposition of the Property. This tier offers stronger projected cash flow and reduced risk as compared to Class B Limited Partners.
Limited Partner (B) - Class B
Class B Limited Partners earn a coupon of 7% per annum of such Limited Partner’s investment in Partnership (the “Class B Coupon”). Upon the disposition of the Property, after payment of debt, return of Class A and Class B Limited Partner investments, payment of any unpaid Class A and Class B Coupon Amounts, and then, prorata, seventy percent (70%) to the Class B Limited Partners and thirty percent (30%) to the General Partner until such time as the Class B Limited Partners have received a cumulative amount equal to thirteen percent (13%) IRR. Then, Class B Limited Partners will receive 50% of the remaining proceeds from disposition. This tier has a lower coupon but provides greater participation upon disposition or capital event compared to Class A Limited Partners.
Benefits of Investing in a Fund
- Spreads out investor equity over multiple acquisitions
- Greater exposure to investments in various markets and asset classes
- Ability to invest in different individual property business plans and hold periods
- Provides the opportunity to participate in upside on property price appreciation upon sale, refinances, and supplemental loans
- Diversification offers the ability to reduce risks while offering the potential for higher returns
- Potential tax benefits for investors such as pass-through depreciation opportunities and 1031 exchanges
Disclaimer: Ashcroft is not an investment adviser or a broker-dealer and is not registered with the U.S. Securities and Exchange Commission. The information on this website should not be used as the sole basis of any investment decisions, nor is it intended to be used as advice with respect to the advisability of investing in, purchasing or selling securities, nor should it be construed as advice designed to meet the investment needs of any particular person or entity or any specific investment situation. None of the information contained herein constitutes legal, accounting or tax advice or individually tailored investment advice. The reader assumes responsibility for conducting his/her own due diligence and assumes full responsibility of any investment decisions.