Target Market

We are primarily investing in Texas, Alabama, North & South Carolina, Florida. We target primary, secondary and tertiary markets with developed real estate demand, strong apartment fundamentals and moderate cap rates and in a landlord friendly environment. Economics are also critical. (low unemployment rates, increasing jobs created, business diversity, and industry diversity).

Other factors we consider are also crime rates, average income of 3 mile radius, school districts, and proximity to food, shopping, groceries, and of course coffee.Housing demand and new buildings also impact occupancy rates and are important indicators of a healthy economy and a lower associated risk of investment.

How We Analyze Our Deals

We analyze deals through various checks and inspections.

  • Conservative underwriting and overall financial analysis.
  • Location and area study.
  • Detailed property history and inspection reports.
  • Enter every unit for complete inspection
  • Comparable rentals and occupancy reports near location
  • Demographics report.
  • Google reviews and tenant complaints about property

How We Structure Our Deals

Based on our investment criteria, our deal structure is:

  • 100 units or more
  • Minimum Metro Population of 200,000
  • Our purchases are completed using short term financing on value add properties and then convert to long-term debt in a range of 65% – 75% Loan-To-Value.
  • Equity investor cash-on-cash return target average of 7% or greater over the life of the business plan.
  • Limited Partner/General Partner profit splits are projected to be 70/30 depending on business plan.
  • Investment hold periods range 5-7 years depending on the business plan, with a 5-year IRR target of 15% or greater.

How Do We All Make Money

  • Boyer Capital Partners offers investments where each investor is an Equity Investor.
  • As an equity investor you’ll receive a recurring cash return (averages around 7% to 8% over the term of the deal), profit split proceeds at sale and returned investment capital (typically 70/30 with the investors receiving 70% of the proceeds).

Financing Placed On Our Deals

  • As a risk mitigator, we look to secure long term debt on all our deals. Some investments require short term financing to provide time to make improvements and bring the property up to standards. Every deal is different and the actual financing is determined on a case-by-case basis. The type of financing will be that which maximizes investors returns while minimizing risks.