Southdown Pavilion

View Offering Memorandum and Financials

Offering Summary:

200-Unit, Value-Add Asset Located in Secondary Market of Louisiana
Prominently Located in Houma, Situated 40 Miles Southwest of New Orleans
Situated in the Highly Ranked Terrebonne Parish School District and Feeds into Top Schools
Strong Historical Performance: 95% Occupancy with 6.8% Rent Growth in Trailing 12 Months
Numerous Capital Projects Recently Completed, Leaving Minimal Deferred Maintenance
Loan Assumption Opportunity with 2.99% Interest Rate + 0.25% Mortgage Insurance Premium and Attractive Leverage

Will Balthrope Executive Managing Director
- Email: wbalthrope@ipausa.com
- Phone: 210-343-7827
Drew Garza Senior Vice President
- Email: dgarza1@ipausa.com
- Phone: 210-343-7848