90 Unit Deal
Atlanta, Georgia
Investment Opportunity — 18% IRR
Join REI Capital Group for a live walkthrough of Canopy West — a 90-unit, fully renovated Atlanta deal acquired at $80,000/unit, 48% below the seller’s basis. We’ll break down the numbers, answer your questions, and show you exactly how to get involved.
BOOK A CALLThe Property
Canopy West — 90 Units, Fully Renovated
What You’ll Learn
Everything You Need to
Make an Informed Decision
This is not a sales pitch. This is a full deal walkthrough — the numbers, the risks, the upside, and exactly how you can participate.
01
The Deal Math — Why $80K/Unit Is Extraordinary
We’ll walk through the seller’s $153K all-in basis, why they were forced to sell, and exactly how we secured the deal at a 48% discount to their cost.
02
The Asset — What You’re Actually Buying
Full property tour: 90 units, 10.98 acres, 100% renovated interiors, new roofs, new HVAC, new plumbing. Zero near-term capital expenditures required.
03
The Returns — 18.06% IRR Explained
We’ll break down the pro forma line by line — 8% preferred return, 60/40 profit split, Year 2 refinance returning ~50% of LP capital, and the 5-year exit.
04
The Atlanta Market — Why Location Matters
Westside Atlanta’s 13.7% 5-year rent growth. Hartsfield-Jackson. The BeltLine. $1.5B+ in nearby development. Why this submarket is positioned for continued appreciation.
05
The Business Plan — How We Create Value
Operational improvement, not heavy capex. Tenant quality, professional management, expense discipline. We’ll show you exactly how NOI grows from Day 1 to exit.
06
Live Q&A — Ask Us Anything
Larry Kite and Jonathan Cronin will take live questions from attendees. No topic is off limits — underwriting, risks, structure, timeline, next steps.
The Deal at a Glance
Canopy West — Key Numbers
Here’s a preview of what we’ll cover in depth during the webinar. These numbers are why investors are moving fast.
18.06%
Net IRR (LP)
5-year hold period
1.80x
Equity Multiple
LP return on capital
8%
Preferred Return
Annual, cumulative
48%
Below Seller Basis
$80K vs. $153K/unit
$4M+ Already Invested
New roofs, 100% unit renovations, HVAC, plumbing — all done by prior ownership. You’re buying a finished product with zero near-term capex.
~50% Capital Returned at Year 2
Refinance at stabilization returns approximately 50% of LP equity, dramatically de-risking the remaining hold period.
Atlanta Urban Core Location
Minutes from Hartsfield-Jackson, the Atlanta BeltLine, and hundreds of thousands of jobs in Midtown and Downtown Atlanta.
Won on Credibility, Not Price
REI Capital was not the highest bidder. Awarded the deal on track record and execution certainty — a testament to years of disciplined operations.
Your Hosts
Meet the Sponsors
Larry Kite and Jonathan Cronin will walk you through every aspect of the deal live — and answer your questions in real time.
Larry Kite
Co-Founder & CEO · REI Capital Group
Over 26 years of real estate experience across residential and commercial asset classes. Portfolio of 700+ units. B.S. Civil Engineering, Auburn University. Licensed Professional Engineer & Land Surveyor. Larry will present the deal thesis, acquisition story, and financial projections.
Jonathan Cronin
Co-Founder · REI Capital Group
Multifamily investor and entrepreneur with hands-on experience in acquisitions, operations, and value creation. Co-founder of REI Accelerator. Jonathan will cover the business plan, market analysis, and operational strategy for Canopy West.
Ready to Learn More
About This Deal?
Schedule a call with our team to discuss this opportunity and get your questions answered.
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