Overview

Asset class Real Estate
Property type Industrial
Current value $52,000,000
Acquisition price $46,000,000
Total appreciation $6,000,000
Rental yield 9.0%
Occupancy rate 96.0%
Fund
FNTVS Income eREIT

Performance

+13.0% Total Appreciation
$6,000,000 Appreciation Value
$4,700,000 Annual Rental Income
9.0% Rental Yield
Property Value Performance
Acquisition: $46,000,000
Current: $52,000,000
Total Appreciation: +13.0%
Holding Period: 23 months

Financial Details

Investment Overview
Acquisition price $46,000,000
Current market value $52,000,000
Total appreciation $6,000,000
Appreciation percentage +13.0%
Cash Flow Analysis
Annual rental income $4,700,000
Operating expenses $900,000
Net operating income $3,600,000
Net cash flow $3,800,000
Rental yield 9.04%
Cap rate 6.9%
Cash-on-cash return 7.83%
Risk Metrics
Debt-to-value ratio 0.0%
Occupancy rate 96.0%
Holding period 23 months
Return Breakdown
Rental income yield 9.0%
Appreciation contribution 13.0%
Cash yield 0.0%
Total return 22.1%

Property Information

Basic Information
Property type Industrial
Property class Class A
Location Summerville, SC
Acquisition date Jun 5, 2024
Status Active
Income producing Yes
Physical Characteristics
Total square footage 535,000 sq ft
Rentable square footage 535,000 sq ft
Number of units 7
Number of floors 1
Year built 2024
Price per sq ft $97.20
Investment Strategy
Strategy type Buy Hold
Projected exit date Jun 2034
Fund ownership 100.0%
Key Metrics
Cap rate 6.9%
Cash flow $3,800,000
Debt-to-value 0.0%
Units 7
Square footage 535,000 sq ft
Rent per sq ft $8.79/yr
Investment Thesis

The investment thesis centers on acquiring a newly built, institutional-quality industrial asset in a strategically important logistics corridor near the Charleston port at a time when capital markets are constrained and pricing is more favorable, allowing for a potentially lower basis relative to replacement cost. The property is positioned to benefit from continued growth in e-commerce, supply chain restructuring, and port-driven distribution demand, which should support tenant absorption and rental rate growth over time. By executing a successful lease-up to stabilize occupancy, the asset can generate durable cash flow with relatively low operating expenses compared to other property types, while also benefiting from potential cap rate compression as interest rates normalize. Ultimately, the strategy is to create value through leasing and market timing, then exit to an institutional buyer seeking stabilized industrial assets in high-growth Sunbelt markets.

Location

130 Hodge Road

Summerville, SC 29483, US

Full Address

130 Hodge Road
Summerville, SC 29483

Property Type

Industrial - Class A

Year Built

2024

Property Size

535,000 sq ft

Amenities & Features

Property Amenities

High-clear-height warehouse space (~32 ft typical)
Multiple dock-high loading bays
Large truck courts + logistics access

Key Investment Features

Class A industrial facility (modern logistics design)
Located in Charleston port-driven logistics market
Positioned for e-commerce & supply chain demand growth
Acquired during market dislocation (“buying the bottom”)

Our strategy

Real Estate Investment Strategy

Build a diversified portfolio of institutional-quality real estate assets that generate stable income and long-term appreciation

  • Expected variability of return: Low to Moderate
  • Timing of expected return: Quarterly distributions from rental income
  • Primary expected source of returns: Rental income and property appreciation
  • Asset focus: Income-generating properties in growing markets
  • Geographic strategy: Diversified across major metropolitan markets
  • Property management: Professional third-party management with institutional oversight
More about our real estate strategy

This section is intended to provide a general overview of the investment strategy for educational purposes only, and is not meant to be representative of the specific details of any individual investment. All investments involve risk; there are no guarantees of any returns.

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