Information About Upside Avenue Multifamily REIT
Putting the Power of Real Estate on Your Side
Upside Avenue Multi-housing Income REIT
Upside Avenue is a real estate investment vehicle managed by an experienced, geographically-focused multifamily fund manager.
Our Investment Focus
The Sunbelt Region
Encompassing the southern and southwestern portions of the U.S., the Sunbelt Region is recognized for its warm climate and rapid economic and population growth. It attracts both businesses and residents due to the affordable cost of living, lower cost of doing business, tax-friendly environment, and availability of developable land.
Stabilized or Value-Add Apartment Homes
Similar to buying a home, there are choices when purchasing an apartment building – buy it fixed up or buy it and fix it up. Buying it fixed up is referred to as stabilized, while buying it and fixing it up – or renovating it – is called value-add.
Undeveloped Land
We look for opportunities to build apartment buildings on undeveloped, vacant land.
Equity Investments
We use an equity (cash on hand) strategy to buy apartment buildings.
Offering Highlights
| Offering Highlights | Offering Highlights |
|---|---|
| Type of Offering | Non-voting stock of a non-listed real estate investment trust (REIT) |
| Manager/Adviser | Casoro Investment Advisory Firm, LLC |
| Maximum Offering | $75 million (or 7,500,000 shares) |
| Offering Price | $11.29 per share as of Q2 2022 |
| Minimum Initial Investment | $2,000 |
| Suitability Standards |
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| Subscriptions |
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| Distributions | Quarterly (not guaranteed, subject to Manager's discretion) |
| Share Redemption Plan |
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| Tax Reporting | IRS Form 1099 |
| Organization & Offering Expense | Up to 3% of the gross proceeds of the offering (reimbursed to Manager) |
| Management Fee | 1% (annualized rate, paid quarterly to Manager) |
| Operating Expense | 1% (annualized rate, paid quarterly to Manager) |
| Disposition Fee | 2% of total sale value (paid at closing to Manager) |
1 Manager will attempt, but is not guaranteed, to process redemptions, without penalty fee, in the event of death or disability. Manager reserves the right to restrict redemptions in order to prevent undue burden on our liquidity. Terms summarized herein are for informational purposes and qualified in their entirety by the more detailed information set forth in the prospectus. You should read the prospectus carefully prior to making an investment. Please see full disclaimer on the following page.
