Coronado on Briarwood

Coronado on Briarwood

View Offering Memorandum and Financials

Offering Summary:

  • Location: Midland, Texas
  • Year Built: 2020
  • Units: 384

Investment Highlights:

  • Strategic Location in Midland, Texas—Direct Access to 190,000+ Jobs and Major Infrastructure Projects, Including STRATOS and the I-20 Corridor Expansion​​​​​​​
  • Proven Yield in a High-Barrier Market—96% Occupancy, No Concessions, No New Supply, and Rising Replacement Costs Translates to Day-1 Yield
  • Substantial Rent Growth Potential—In-Place Rents Average $1,770, with a 6.6% Loss-to-Lease Upside to Market Rents of $1,883. 2024 Rents Increased more than 8%, Driven by Strong Absorption
  • Rent & Revenue Growth Momentum—2025 Rental Income Growth Increased by 13.2% and Revenue Growth by 10.6%

Exclusively Listed by:

The Best Access to Private and Institutional Capital

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