Welcome Passive Investors

Avatar Equity LLC  and  EcoVision Homes LLC group is pleased to present this residential townhome Build-to-Rent (BTR) real estate investment offering to investors. Specifically, the offering involves the construction of a seventy (70) townhome community in an Opportunity Zone (OZ) in Central Florida to be rented to the affordable/workforce market.

Project Overview

Build-to-Rent Townhomes

Build-to-rent, the real estate sector of the U.S. housing market, is being fueled by enormous demand from home-seekers priced out of the market and institutional buyers.

Hyper-growth Central FLorida

Orlando which is #1 real estate market in terms of job growth, population growth, house value growth and income growth. Orlando - 5 years - 12.4 average rent growth ,8.9% population growth , 23.5% household income growth .

Reduced investor risk

Our projects are brand new construction, but will be fully zoned and extensive due diligence by our team before they are purchased. Rents and sub-market will be confirmed by a comprehensive market study.

Infinite returns after Refinance

Refinance at Year 3 or after 94% leased up - 100% Invested capital is returned . Infinite returns after refinance event

NOTE: This offering will be a SEC Reg D 506(c) offering only available to accredited investors. We would encourage you to submit your soft reserve right away to secure your spot in this offering.

Offering Details At A Glance

13.5 Million

Project Cost

1.2 Million

Equity Raise

$100,000

Minimum Investment

Asset Holding Period

10 YEARS
  • Year 0 : Capital invested
  • Year 1 : 6% Pref accrues during construction period
  • Year 2 : 6% Pref accrues during construction period
  • Year 3 : Anticipated construction completed. Project is refinanced, Accrued Pref for year 1 (6%) and 2 (6%) paid to investors. Principal paid the investor. Year 3 (6%)Pref.
  • Year 4 to Year 10 : 6% Pref paid
  • Year 11 : 60%LP 40%GP profit on sale of project

Opportunity Zone Project

This investment is Opportunity Zone project

This investment is Opportunity Zone project . If you are facing capital gains of any kind (stocks, business sale, real estate, …) this new tax law may help you defer, and in some cases completely erase, federal taxes. Please consult your Tax advisor / CPA for further details

Projected Investor Returns

Projected Annual Average Return:
25%
Projected Preferred Return:
6%
Projected IRR (Over 10 Year Period) :
25%
  • Projected Equity Multiple: 4X
  • Self-Directed IRA/401K investment options available
  • Read More
  • Wire Funds: Within 3 days of signing the PPM

NOTE: See chart in investor offering memorandum for details on sensitivities.

Minimum Investment:

$100,000

Max Investment:

$500,000

Closing Date:

Week of June 12th

Funding Deadline:

Thursday, May12th​

NOTE: This is a conservative investment and it will fill up quickly. All commitments will be taken on a first-come, first-serve basis.

Sponsorship Team

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Sachin Maskey
• Founder & Principal of Avatar Equity
• 15 yrs Family physcian
• Founder and President of Nonprofit Dhana Yoga Foundation
• Investor
• Multifamily Investor
• Co Author of book “ Persistent, Pivot and Gamechanger”
1637807077108
Vasu Persaud
• 16 years as Engineering Consultant on land development project
• 12 years Construction Management / Renovation experience
• Developed patented building system ( EcoVision Homes group )
• Successful personal leadership track record – Invitation to White House for youth Mentorship program

Strategic Advisor/ Partners

off-3
Vinney Chopra
• Experience real estate investor
• Best selling author of book “Multifamily Syndication Made Easy”
• 36+ Real Esate Syndications
• 6,500+ Multifamily Unit
• $500m Multifamily Real Estate Portfolio
off-4
Mauricio Rauld
With more than 20 years experience pf securities experience, Mauricio is the premier syndication attorney in the Country focusing exclusively on syndication for real estate investor

Sanford

Nestled between Lake Monroe and Lake Jesup, about 25 miles northeast of Downtown Orlando, is Sanford. Home to art lovers and outdoor enthusiasts, Sanford has something for everyone.

Renting in Sanford, you can tell there is much appreciation for the arts. Feast your eyes on all kinds of art at Hollerbach’s Art Haus, Gallery on First, and Jeanine Taylor Folk Art. Take in a performance at the Wayne Densch Performing Arts Center. Visit the weekly Sanford Farmers Market on a Saturday.

For outdoor fun, go zip-lining through the trees at the Central Florida Zoo and Botanical Gardens. Walk along the Riverwalk in Downtown Sanford, next to Lake Monroe. Discover your favorite hiking trail at the Spring Hammock Preserve, Black Bear Wilderness Area, and Lake Jesup Conservation Area. Stop by Seminole Towne Center for all of your shopping needs.

Sanford houses the Orlando Sanford International Airport, so a getaway is never too far. There is a SunRail station in town as well as easy access to I-4 and S.R. 417, making your commute simple.

Toll Brothers

“The new build-to-rent product is considered safer and better performing. The fact that it doesn’t have to be renovated and can be designed to incorporate the latest amenities and features, i.e., technology, that renters demand is no small factor as well.”
Doug YearlyCEO

The Build To Rent Revolution

With a staggering 60% of Americans lacking the funds to buy a home, the build-to-rent (BTR) industry is exploding. And as record-high housing prices continue to rise higher, BTR will see even more demand. BTR is already the fastest growing vertical in real estate!

 

Build-to-rent communities offer families the space they need even if they lack the budget to buy such a spacious home. There are two groups who gravitate toward BTR: those who cannot afford a home, whether because of the higher monthly cost or the lack of funds for a down payment, and those who are renters by choice.

Brad Hunter

President, Hunter Housing Economics

Housing demand surged during the pandemic and now 15 million households, representing 35% of renting households, rent single-family homes rather than multi-unit apartments. And post-pandemic this is expected to accelerate even more.
As a result of the extensive market research and analysis we thrive on at Avatar Equity with our BTR Townhome communities , we are an early adopter of the BTR revolution, with our current BTR project – Tranquility Village at Sanford, Florida.

Opportunity Zone

Tranquility Village  is also eligible for Opportunity Zone investments. Opportunity Zones are designated zones meant to increase economic activity, including real estate investment, in specific communities across the US. 

Here is more information about opportunity zone:

Read More

Sponsor does not guarantee that investors will obtain any tax advantage as a result of property being located in what we believe to be an Opportunity Zone. Please check with your advisors and do your own diligence to determine if this investment is suitable for your tax purposes. This is not an Opportunity Zone Fund.

Frequently Asked Question ( FAQs )

Getting Started

  1. The first step is to create a free account in our Investor portal . Here is the link https://avatarequity.investnext.com/
  2. Once your account is created , the next step is a soft commitment of how much you want to invest . This is not legally binding but we would encourage you to submit your soft reserve right away to secure your spot in this offering.
  3. We need 3 things for your investment to be complete:
    i . Singed PPM , Operating Agreement , Subscription documents
    ii . Accredited Letter – letter will be provided to investors via email . You can also use InvestNext Portal with the link for the verification of accredited investor status.
    iii. Funds- Wire the funds via ACH through the portal or Wire instruction will be send via email.
  4.  

Please check the link for more info: https://www.sec.gov/education/capitalraising/building-blocks/accredited-investor

Class A- minimum is $100,000

Yes . You can invest in this project with several different retirements accounts, so long as you are an account holder with an IRA institution that allows for Real Estate investments.

please check out this link:  https://www.advantaira.com/partners/avatar-equity/

Taxes

As a limited partner in the LLC that purchases the properties, you will receive a k-1. A k-1 is a tax form used by partnerships to provide investors with detailed information on their share of a partnership’s taxable income. partnerships are generally not subject to federal or state income tax, but instead issue a k-1 to each investor to report his or her share of the partnership’s income, gains, losses, deductions and credits. The k-1s are provided to investors on an annual basis so that each investor can include k-1 amounts on his or her tax return. our goal is to finalize all k-1s by march 31st, this way investors have them in hand for tax season

Yes, Investors will receive the benefit of depreciation and other tax benefits for the opportunity zone tax benefits . The LLC is structured as a partnership for tax purpose. We will provide K1 at the end of the TAX year. Please consult your CPA/TAX Advisor for any tax related questions.

 

Distributions

Distribution are made on a quarterly basis

Once the construction both horizontal and vertical is completed and all the Townhomes are 93% occupied then we will issue distribution

In the event of a refinance, investors would be compensated as they would for a capital transaction. In other words, at refinance, any proceeds received will go directly back to investors, paying down their initial principal. This decreases investors initial equity exposure, while maintaining their pro rata share of ownership within the deal.

At the time of sale ,you will receive a percentage of the proceeds based on your investment amount . Please refer to the PPM for more details regarding the profit split on Exit which is based on Investor Class.

Our investor portal has secure access to view monthly income statements, important documents, and quarterly reports.  If you have yet to set up a portal account, be sure to visit our website or contact our team.

Project Specific

We offer one type of Investor Class A. 

Please refer to PPM for details . But our targets are 

  • Projected Annual Average Return (average return including sale proceeds): 25%
  • Projected IRR: 27%
  • Projected Equity Multiple: 4X 

10 years with refinance around 3-4 years to get 100% of invested capital at refinance

Please refer to PPM for the details . Fees paid to GP from the syndication are as follows: 

  • Acquisition fees- 4%
  • Development fees-3%
  • Refinance fees-1%
  • Asset Management – 4%- during leasing 
  • Disposition fees – 2%

Our projects also include a Construction Performance & Payments Bond or “Surety Bond” which protects against disruptions or financial loss due to a contractor’s failure to complete a project or failure to meet contract specifications, such as completion of project on time and on budget. Thus our General Contractor is seriously incentivized to stay on time, or face penalties.

All of our projects will have a pre-negotiated GMP contract (Guaranteed Maximum Price) . There is a 5% hard cost contingency added to each project on top of the expected cost to build to cover potential overruns. Our projects also include a Construction Performance & Payments Bond or “Surety Bond” which protects against disruptions or financial loss due to a contractor’s failure to complete a project or failure to meet contract specifications, such as completion of project on time and on budget. Thus our General Contractor is seriously incentivized to stay on time, or face penalties

GENERAL

  1. This is a ground up development project where we are building Townhomes in 3 years construction  and renting for 10 yr hold  . We are doing syndication .
  2. These properties are in select markets,  with strong economic, job,and population growth.

The Tranquility Village offering is a 506(c) offering

The project  is structured as a Limited Liability Company (LLC) which acts as the holding company for the subsidiary LLC’s (entities) that own the property. Income from the properties flows up to this  LLC and from there gets distributed to investors.

Yes there is 2 different kind of debt besides equity raised from Investor:

  1. Mezzanine Debt – which is needed for horizontal construction of the project.
  2. Construction Debt – which is needed for Vertical construction of the project.

Equity raised from investors is used for purchase of land , closing cost, consulting/ assignment fees , Soft / Engineering cost .

Yes. You can always increase your commitment so long as you meet the minimum investment requirement and investment units are available. Increment can be done at $25,000

The only liability you have will be limited to the full amount of capital invested

This is a conservative investment and it will fill up quickly. All commitments will be taken on a first-come, first-serve basis.

NOTE: This offering will be a SEC Reg D 506(c) offering only available to accredited investors. We would encourage you to submit your soft reserve right away to secure your spot in this offering

Schedule A Meeting

We’ve already launched this offering to our existing Investors , so there’s only limited availability remaining . First come , First served!
Click Here for more info and to make a soft commitment!

This is a conservative investment and it will fill up quickly. All commitments will be taken on a first-come, first-serve basis.

NOTE: This offering will be a SEC Reg D 506(c) offering only available to accredited investors. We would encourage you to submit your soft reserve right away to secure your spot in this offering.

Disclaimers

This material does not constitute an offer or a solicitation to purchase securities. An offer can only be made by the Private Placement Memorandum (PPM).The PPM and its exhibits contain complete information about the Property and the investment opportunity. The information contained herein is not a substitute for an investor’s complete review of all of the information attached to the PPM as part of their own due diligence regarding this investment opportunity and its suitability for their investment portfolio.

Please check with your tax and legal professional as Sponsors do not provide tax or legal advice and the above is not intended to or should be construed as such advice.  Your specific circumstances may, and likely will, vary