72 Condo Units in Edgewater Miami
Why it's below market
This opportunity provides members access to a bulk residential acquisition in a prime Miami waterfront submarket at a meaningful discount to current market pricing. The discounted entry basis creates immediate value and downside protection. The five-year strategy is straightforward: acquire at a reduced basis, complete construction, stabilize operations following delivery, and execute a unit-by-unit retail sellout to capture full market pricing. Returns are driven primarily by basis arbitrage and appreciation, with additional support from short-term rental income once units are delivered. Based on current projections, investors are expected to achieve ~2.2x–2.5x equity with mid-to-high-teens IRRs over the investment period.
What makes it stand out
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