Funding Deadline: February 23, 2026
Institutional-Quality Multifamily Investment
376-unit, 2003-built apartment complex in #1 Houston, TX submarket for vacancy absorption.
5.21%
Going-In Cap Rate
19.4%
Average Annual Return
1.97x
Equity Multiple
6.09%
Year 1 Cap Rate
Investment Highlights
Why Preserve at Copper Springs stands out
Prime Location
#1 submarket for vacancy absorption in Houston with 0 units under construction within a 3-mile radius
Value-Add Upside
19% NOI increase driven by operational efficiencies and amenity revenue from bulk Wi-Fi and valet trash
Conservative Financing
7-year Freddie Mac debt at ~65% LTV and 5.30% interest-only with 1.35x Day 1 DSCR
Straightforward and Professional
Webinar Replay
Join Us for a Deep Dive with the LSCRE Team
ACCESS CODE: d6?SD=Uy
Webinar January 22, 2026
ACCESS CODE: xj39#6qF
Webinar February 12, 2026
Location Details
Strategic positioning in Houston's fastest-growing market
Market Growth
Houston projected to add nearly 172,000 jobs from 2025 to 2029, ranking #1 in projected employment growth nationwide (Moody's)
Moody's projects Houston will add 496,000 people from 2025 to 2029, #1 among the 20 largest U.S. metros
~15 minutes from Apple/Nvidia AI supercomputer factory set to open in 2026, resulting in 3,000+ new jobs
Local Amenities
Cy-Fair ISD (#2 in Houston MSA and #1 for athletics)
Cypress Ridge High School is adjacent to the property
3-mile median income: $82,466
3-mile median home price: $340,000
Property Details
Modern amenities and recent upgrades
$61.5M
Purchase Price
($163,564/unit)
73.0%
Breakeven Occupancy
$1.2M
Recent Renovations
Since 2022
Upgraded Units Include
Black appliances
Grey shaker-style cabinets
Vinyl plank flooring
Granite countertops
Undermount sinks
Full-size washer/dryer sets
Business Plan Highlights
Proven operational strategy with track record of success
Proven Track Record
Within 3 miles from LSCRE's best-performing asset, Preserve at Copperleaf, which is currently 97% occupied and has maintained 95%+ occupancy.
Operational Efficiencies
Scale advantages: 520 units within 3.5 miles / 1,426 units within 10 miles
In-house valet trash delivering $56k savings
Vertically integrated maintenance/construction: LSCRE staff trained to perform majority of make-ready work in-house (paint, resurfacing, flooring, HVAC)
Bulk Wi-Fi installation with $110/month amenity fee rollout as achieved at Preserve at Copperleaf
Capital Stack
Conservative financing structure
Debt
~$39,975,000
Freddie Mac 7-year financing
LTV Ratio
65%
Interest Rate
5.30%
Term
7 years
Amortization
Interest-only
Day 1 DSCR
1.35x
Prepayment
Standard defeasance
Equity
~$27,250,000
Total equity requirement
Purchase Price
$61,500,000
Less: Debt
($39,975,000)
Net Equity
$21,525,000
Plus: Closing Costs
~$3,225,000
Plus: Reserves
~$2,500,000
Total Equity
~$27,250,000
Return Metrics
5-year projected hold period
19.4%
Average Annual Return
1.97x
Equity Multiple
6.0%
Average Cash-on-Cash
6.27%
Yield on Cost
Investment Highlights
Key details for accredited investors
Projected Hold Period
5 years
Minimum Investment
$75,000
Preferred Return
8% compounded
Distributions
Monthly
Offering Type
506(c) Offering
Accredited Investors Only
Funding Deadline
February 23, 2026
Schedule a Call
Book a call with Junaid Haroon to learn more about this opportunity.
LSCRE is thrilled to be under LOI on Preserve at Copper Springs, targeting an early-March 2026 close. Due to LSCRE's track record of $134M in acquisitions with the seller, LSCRE became the easy buyer of choice at a $2.5M discount to the seller's target.
This offering is subject to completion of due diligence and final documentation. Past performance is not indicative of future results.