Upcoming Investment Opportunity – in Memphis, TS, USA

Exciting New Investment

with a 50%+ yield target

in Memphis, TS

 

== COMING SOON ==

 

 

Through wise investing and prudent fiscal management, a very realistic over 50% ROI due to value upside from active re-positioning is still achievable even in today’s real estate market and economic climate with elevated interest rates.

We offer an investment formula with a proven track record, and a management team with the right mix of experience and innovative thinking.

 

Why Memphis ?

 

 

 

Note: the investment offering below is NOT a guaranteed investment.

 

 

Please read subscription documents and risk acknowledgement forms carefully.

 

Accredited investors only – investment over $25,000 – via EMD Waverley Financial

Anyone up to $2500 – via Addy (in progress)

 

Not RRSP nor TFSA eligible.

Not a guarantee !!

 

== COMING SHORTLY ==

 

More details are here in this Memphis Apartment Fund INVESTOR PRESENTATION  (Draft, subject to change) 

 

Target ~ 50%+ yield over holding period to summer / fall 2027

generated from

property re-positioning and substantial improvement

 

The US has many over-priced areas just like Canada where investment returns are tough to achieve.

However several US states still exist with substantial in-migration, low prices and substantial investment activities resulting in huge demand the WORK FORCE HOUSING space where rents are typically below $1000/month and where it is impossible to build brand new !!

One such place is Memphis, TS where Prestigious Properties has partnered with an experienced local operator with a solid track record.

 

ROCK BOTTOM PRICES IN MEMPHIS

WITH TREMENDOUS UPSIDE

 

–          Low vacancies

–          Reliable cash flow after substantial renovations

–          Resilience to tariff threats or Canadian economic or political changes in 2025-2027

–          Reliable value increase through substantial renovations, rent increases and in-migration

–          Buy low – renovate – stabilize – exit – in less than 2.5 years

–          Low going in prices sub $35,000/door – Exit price over $75,000 after renos

–          Strong economic activity

 

 

Send Me My Investor Package Talk To Us

 

Prestigious Properties is working closely with the EMD Waverley Financial and again, soon Addy Technologies Corp, to reduce the substantial overhead required for fundraising, investor reporting and securities filings.

Addy is a relatively new crowd funding platform with the goal of allowing real estate ownership for everyone, not just folks that can invest $25,000 or more AND which have a certain income or networth minimum which was the case historically for real estate syndication.

Waverley Financial is a solid EMD with a proven record of success with over 50 MERs across Canada.

PrestProp did one small syndication for $350,000 in 2021 with Addy in Kimberley, BC (now paid out already profitably) and a second larger one in 2022 for ~ $850,000 (also paying out in 2025 and 2026 with a 60%+ ROI based on asset sale) for an asset in Calgary, AB and they have done over 40 offerings thus far since early 2021.

Addy aims to be the next Wealthsimple or ING/Tangerine, not for investing or banking, but for real estate syndications at scale, for thousands of investors at a time, each with small investments as low as double digit like $55.

We are really bullish on this brilliant concept and we are not only an occasional syndicator on their platform but also an investor into several other deals and Thomas Beyer is also a co-investor of the Addy Technology company running the backend (for fundraising, investor reporting and securities filings), before they IPO it or sell it to a larger player in a few years, like ING (now Tangerine) did when they sold to Scotiabank or WealthSimple, with now millions of member simplifying their investments

As you know, Prestigious Properties offers well selected real estate investment opportunities – from time to time, when available, SUCH AS RIGHT NOW.

This a $5M raise will allow a fast turn around and development like returns without the typical development risk

This investment is for you if you

  • are also nervous, or frustrated, about

    • stock market volatility,

    • frothy stock market valuations and/or

    • Canadian political uncertainty

  • know that US has much upside, high in-migration, massive new investments besides oil & gas for the next 4 years,

  • like to co-own affordable rental units that will be in very high demand these next few years due to a lack of new affordable rental supply and rising home ownership costs due to rising interest rate environment,

  • like to invest outside Canada, and/or

  • have some investable capital that you wish to invest for 3 years or less !

 

Offering Highlights:

 

– Income & growth investment opportunity in an apartment complex in Memphis, TS, USA.

– Total estimated return of over 50% in less than 2.5 years

 

More details are here in this Memphis Apartment Fund Investor Presentation (Draft, subject to change)

 

 

Why invest in this apartment building?

  • Rising constant tenant demand despite increasing interest rates and macroeconomic environment

  • Positive cash flow: operating expenses are less than rental revenues, providing stability for investors

  • Appreciation (naturally) due to Memphis’ growth driven by immigration and investment

  • Appreciation (forced) due to property re-positioning

  • Purchase undervalued assets on favourable terms

  • Improve real estate asset incl rents through substantial renovations

  • Team has several decades of investment experience and a proven track record

 =================================

More details are here in this Memphis Apartment Fund Investor Presentation (Draft, subject to change) .. and you will be amazed !

 

Not RRSP, RESP nor TFSA eligible.

Not a guaranteed investment.

 

This presentation is confidential and for distribution and use to Waverley only. The information contained herein is current as of spring 2025 and is not guaranteed as to accuracy or completeness. This presentation is for information purposes only and does not constitute an offer to sell or a solicitation to buy the securities referred to herein. The securities referred to herein may only be sold to prospective investors who meet certain eligibility criteria. Prospective investors should consult with their own legal, regulatory, tax, business, investment, financial, accounting or other advisors as deemed necessary, and make their own decision based upon their own judgment and upon any advice from any such advisors. No securities regulatory authority has assessed the merits of, or   expressed an opinion about, these securities.

This presentation may contain certain information or statements that are forward looking and, by its nature, such forward-looking information is subject to important risks and uncertainties. The words “anticipate”, “expect”, “may”, “should”, “estimate”, “project”, “outlook”, “forecast” or other similar words are used to identify such forward looking information. Those forward-looking, if any, are given as of the date noted on this presentation and reflect beliefs and assumptions based on information available at the time (including, without limitation, that (i) the demand for commodities will continue to grow at a pace that is unlikely to be matched by growth in production, and (ii) investment demand for tangible assets will continue to increase for the foreseeable future). Actual results or events may differ from those anticipated or predicted in these forward-looking statements, and the differences may be material. Factors which could cause actual results or events to differ materially from current expectations include, among other things:, including fluctuations in interest rates, rental rates; general economic conditions; local real estate markets; supply and demand for commodities; competition for available properties; changes in legislation and the regulatory environment. Although it is believed that the expectations conveyed by any forward-looking statements made (if any) are reasonable based on information available at the date such statements were made, no assurance can be given as to future results or events and so prospective investors are cautioned not to place undue reliance on any forward-looking statements made (if any). All forward-looking information, whether written or oral, are expressly qualified in their entirety by these cautionary statements. No obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise is undertaken.

If you purchase any securities of, through or with Phil Wazonek, Thomas Beyer, Waverley or associates & associated entities (such securities herein referred to as the “Securities”) you may have certain rights in the event of a misrepresentation. Reference should be made to the full text of the applicable provisions of the securities legislation in the US state or Canadian Province in which you reside or consultation should be undertaken with professional advisors.

 

Happy to answer any questions that you may have via phone or email, too, or if you like the PowerPoint or OM.

Great opportunity with a great long term asset in a great city.

 

Interested ?

 

Send Me My Investor Package Talk To Us

 

Additional Details

History

This Is Our 11th Multifamily Real Estate Investment Limited Partnership Offering

We have made money for our investors time and time again. And we’ve often exceeded the ROI target that we are using to attract new limited partners like yourself today, namely 5% yield with 6-8% equity growth/mortgage paydown on an annualized basis.

We are just being exceedingly cautious in today’s world economic climate where many Canadian and US markets are overpriced or deliver little, if any, value upside. Several US states though still exist with strong in-migration, low going in prices AND strong economic activity .. such as Memphis, TS, USA !

Ethics

Above Board Philosophy With No Inflated Going-In-Prices

We take great pride in our corporate philosophy of sharing a wealth of information with our investors and being very up front about investment prospects and performance. For instance, unlike many other LP offerings we do not inflate going-in-prices of properties we purchase and as such, the general partners do not make a return on investment until the limited partners do.

Investment Strategy

How We Historically Have Invested

  • Focus on apartment buildings or mobile home parks (MHPs) because this real estate class is less volatile than the stock market or other real estate sectors, while having good upside plus built-in inflation protection. Keep door open to invest up to 25% elsewhere, such as in residential land development, when the price is right.
  • Here’s more on why we choose apartment buildings.
  • Look for buildings or MHPs in regional economies that are strong or expected to be strong in coming years, such as Alberta or select US states such as TS.
  • Evaluate buildings or MHPs or apartment buildings for sale, sifting through the list over many months to find the best values.
  • Purchase selected buildings or parks as good deals are found, typically with 25-30% cash down.
  • Increase value of assets through prudent renovations, which support higher rents and resale values.
  • Increase value of assets through expert property management, further supporting rents and resale values.
  • Use cash flow from renters to maintain the asset and flow excess into the LP as available.
  • Allow time for cash flow from rents paid to lower the mortgage debt on each building so that the LP owns more of each, and thereby increasing the value of its original investments outside of the increases in market value of the assets themselves.
  • Allow time for local economic growth/in-migration/tightening vacancy rate to increase market value of assets.
  • Periodically sell or refinance buildings or MHPs to produce investor profits, and at some point liquidate the LP and its assets for the same reason.


Participation

How You Participate

There is a minimum $25,000 investment for accredited investors in our latest investment in Memphis, TS. The set value of one LP unit is $1,000 and each limited partner will own at least 25 units. Your investment term is a target of 2.5 years with a 50%+ yield target, after all fees and share to operator.

DISCOUNTS OF UP TO 6% FOR LARGER INVESTORS !!! Details see 2nd last page of Memphis Apartment Fund INVESTOR PRESENTATION

This is not designed to be a liquid investment for at least 2 years. It is not designed as a perpetual or quasi-perpetual income & growth machine like some older PrestProp LPs or REITs !

If you envision that you need the money before the 3.5 year exit target, this investment may not be for you. The underlying real estate usually carries an ultra-low five year mortgage, with heavy early discharge penalties, plus it takes time to raise money and time to sell, so a 3.5+ year minimum commitment is expected. The investment is designed as an alternative to the often very volatile stock market, specifically REITs, with a higher return but it is less liquid.

What is an accredited investor ?

What is an accredited investor ?

Security legislation in Canada allows multiple exemptions to invest into securities such as those offered by our firm. There are mainly five:

  1. Friend and family of the directors
  2. Close business associates of the directors
  3. $10,000 or under investments
  4. Offering Memorandum (OM)  [this is currently unavailable in this PrestProp offering but maybe through Addyinvest.com which bought a ~18.5% slice of our last building purchase in Kimberley, BC]
  5. Accredited Investors

An accredited investor is someone that

a) has an income (for the last two years) of at least $200,000 or $300,000 with a spouse, or

b) has “financial assets” ie liquid securities or cash of at least $1M [ Please note: this excludes your personal residence and your business, say a dental practice], or

c) has a net worth of at least $5M

Liquidity

Liquidity

Liquidity comes at a premium, namely the securitization of a firm or real estate, through the stock market. Liquidity also causes volatility and pricing frequently removed from real world value. This is not designed to be a liquid investment. If you envision that you need the money before the 5 year exit target, this investment may not be for you. The underlying real estate usually carries a five year mortgage, with early discharge penalties. The investment is designed as an alternative to the often very volatile stock market, specifically REITs, with a higher return but it is less liquid. It is based on REAL assets, where REAL people pay REAL money to us every month to live in REAL apartments with REAL appliances, called income producing real estate, usually apartment buildings.

Again this is a plan, and like any real estate offering this is subject to change and a plan, not a guarantee.

Target Return

Our Return Objective

A 50%+ is the target ROI with no cash flow in about 2.5 years of our current Memphis based investment opportunity.

Investor Protection & Management Fees

Protecting Our Investors & Management Fee Breakdown

General Partners sign all required personal guaranties for mortgages (investors like you are Limited Partners).

Your total liability is limited to your investment.

We take a very modest annual asset management fees and we charge a modest acquisition fee and 20% of all profits once your hurdle rate per year is at least 12%. 80% of distributions are distributed to investors, or 12% per year, whatever is higher. As such, the GP’s goal and the investors’ goals are aligned. The GP is owned by Thomas Beyer and Phil Wazoneck. The GP may pay a fee or distribute some of their units to investment finders or co-managers at its discretion.

Some Short Videos

Please note that these videos do not provide investment, tax or financial advice ! These are only opinions. No return is guaranteed. Not every interested party is able to invest. Please contact an Exempt Market Dealer licensed to sell our products for financial advice.

Video 1: Why do we buy residential multi-family rental properties

Video 2: Profit Centers in Real Estate

Video 3: Alternative Investing 101

Video 4: Explanation of Target Return

Video 5: Explanation of Cash-Flow

Video 6: Risk of Mortgage Investments

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