New Deal Alert - Coming Soon!

$65K/Door 31-Unit Asset in a Booming Texas Submarket

Conrad Boyd
July 28, 2025

New Investment Opportunity Coming Soon!

I'm excited to announce that I'm teaming up once again with Greystone Capital Group on a new multifamily acquisition - a fully renovated Class C property located in downtown Sherman, TX, one of the fastest-growing submarkets just north of DFW.

While we're finalizing the investor presentation and deal room, I wanted to share some key highlights so you can begin evaluating whether this opportunity aligns with your investment goals.

Look out for the full investment package and updated portal access in the next few days.

High-Level Overview:

Property Details:

- 31 Units | Built in 1967 | Fully renovated in 2023

- Prime Downtown Location - Walking distance to major employers and retail

- Sherman, TX - A booming submarket 40 miles north of DFW Metroplex

Investment Highlights:

- $65K/door acquisition - Significantly below market comps averaging $105K/door

- 93% occupancy expected at close - Cash flow from Day 1

- Rents below market - Strong upside with operational improvements

- Bonus upside - Convert unnecessary office into additional rental unit

Investment Terms:

- $50K minimum investment

- 506(b) offering - Open to both accredited and sophisticated investors in our network

- Target returns - Strong projected AAR and equity multiple (full details coming soon)

- Expected launch - Deal opens for soft commitments this week, so stay tuned for the updated investor portal link

Why This Deal Stood Out

We’ve reviewed 100+ deals over the past several months - and passed on nearly all of them. Here’s why we love this one:

- Strong in-place cash flow - Immediate income from existing tenants

- Immediate value-add potential - Below-market rents offer upside

- Excellent basis - Well below replacement cost provides built-in equity

- High-growth market - Backed by billions in planned development

Sherman Market Fundamentals

- Population growth of 13.0% over the past 5 years

- Major employers include Texas Instruments, GlobalWafers, and Caterpillar

- Median household income: $63,540

- Strategic location on US-75 corridor with direct access to DFW job markets

If you’ve been waiting for a conservative, value-add opportunity in a strong market - this could be it.

New to the area? Check out this article on “The Great Sherman Land Rush” for context on why Sherman is attracting so much attention.

Don’t Miss Out on This Opportunity

Deals like this often move quickly. Here’s how you can be ready when it opens:

- Review Your Finances: Take inventory of your available capital and any funds you may want to allocate to real estate.

- Consider Investment Goals: Whether you’re aiming for cash flow, long-term appreciation, or diversification, having a clear strategy will help you seize the opportunity when it arises.

- Explore Your Investment Options: Many investors use Self-Directed IRAs (SDIRAs) to invest in real estate syndications. It typically takes 3-4 weeks to open and fund an SDIRA, so start now if interested. I personally use DirectedIRA.com - learn more in my SDIRA article here.

- Stay Connected: Keep an eye on your inbox for updates. Being prepared means you can act quickly and secure your spot.

Ready to Chat?

I’m here to help you determine if this opportunity aligns with your investment strategy. Whether you have questions about the deal specifics, want to discuss your portfolio goals, or need guidance on the SDIRA process, let's connect.

Thanks for your interest in Cornerstone. I’m excited to partner with you on this journey.

Reach out to explore how my team and I can support you in achieving your financial goals.

To your success,

Conrad Boyd
Founder | Cornerstone Commercial Investment Group
E: [email protected]
C: 615.686.8987

P.S. Whether you invest in this deal or not, I'm always happy to discuss your broader real estate investment strategy and how deals like this fit into portfolio diversification. Keep an eye out for my next update with full deal details and portal access coming in the next few days.