Solace of Ballpark Village – Goodyear, AZ

• 211-Unit Ground Up Multifamily Project in High Growth Phoenix Suburb of Goodyear, AZ

• Fully Entitled and in for Permitting – Construction Start in

• January 2021, Completion in Q3 2022

• $44M Project Cost – Seeking $11.34M in Qualified Opportunity

• Zone Equity after $1.26M in GP Equity Commitment

• Jackson Dearborn Partners + Sub4 Development – Established Sponsor with nearly 2,000 multi-family units and 4,000 student housing beds

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• 40 Completed or ongoing Ground Up Construction Projects including $300M Development Pipeline and Seven Opportunity Zone Projects

• Chicago and Champaign, IL-based group with an office in Scottsdale and three projects in the works in Phoenix, MSA

• Equity is 90% LP, 10% GP, 8% Preferred Return and then cash & capital distributed 70% to LP, 30% to GP

• Minimum investment of $25K, closing on or before 12/31/2020,

• 10 year term for full Opportunity Zone Tax Benefits

• Project Level Returns of 18.7% IRR, 3.24x, Investor Level

• Returns of 15.5%, 2.60x (prior to QOZ Tax Benefits)

Fund Manager: Jackson Dearborn Partners
Asset Classes: Real Estate
Fund Size: $13M
Minimum Investment: $25K
Portfolio Type: Single-Asset
Fund Status: Closed
Investment Locations: Arizona
Property Types: Multi-Family Housing

Fund Contact Information

For additional information on this fund, contact:

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