Investment Overview
In May 2025, Aries Capital Investments, in partnership with Rise48 Equity, acquired Rise Sunridge—a 200-unit multifamily community in Charlotte, NC. Built in 1988 and held by one family for over 25 years, this asset offered a rare, full-property value-add opportunity. We secured it at a 20%+ discount to peak valuations, with a cost basis of $155,000 per unit.
Every unit included washer/dryer hookups, allowing for immediate appliance upgrades and $50–$100 monthly rent premiums—no infrastructure investment required. Our proven renovation strategy set the stage for accelerated income and long-term value with minimal risk.
Value Creation & Market Dynamics
- Comprehensive Upgrades: All units will be renovated to our “Diamond Level” finish, proven to drive results in prior projects.
- Rent Growth: In-place average rent of $1,283 projected to rise to $1,412 post-renovation—a $129/unit lift.
- Downside Protection: Low-cost basis and conservative leverage (68.3% LTV) provided strong risk mitigation
Charlotte’s rapid job and population growth, combined with a diversified employment base, continues to fuel sustained demand for quality housing. The Yorkmount submarket offers direct access to major employers—including Bank of America, Wells Fargo, and Duke Energy—bolstering long-term rental stability.
Financial Performance
- Acquisition Price: $31,000,000
- Equity Raised: $15,715,786
- Minimum Investment: $100,000
- Average Annual Return: 20.0%
- IRR: 15.7%
- Equity Multiple: 2.00x
- Avg. Annual Cash Flow: 5.4%
- Year 1 Cash Flow: 3.7%, growing to 9.5% by Year 5
- Interest Rate Cap: 4.75%
- Cash Reserves: $1.7M for downside protection
Why It Matters
Rise Sunridge showcases ACI’s ability to source off-market, institutional-quality assets with significant upside and limited downside. By leveraging below-market pricing, a clear renovation plan, and Charlotte’s robust fundamentals, we delivered strong results for our investors.
Looking Ahead
Our approach is built for accounting and compliance professionals seeking predictable passive income, diversification, and tax efficiency. As a member of our CPA Wealth Collective, you’ll get first access to future opportunities, exclusive market insights, and a network of like-minded professionals.
Investments are open to accredited investors only. Past performance is not indicative of future results. Please consult your advisor before investing.