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Westmont Townhomes

Actively Raising

Overview

Streamline Capital presents Westmont Townhomes, a 27-unit multifamily value-add community in the Ogden-Clearfield MSA of Northern Utah. Conveniently located near major employment centers and schools, adjacent to major highways (I-15, Hwy 193, and Hwy 177), only 2 miles from the new Syracuse Utah LDS Temple. The apartment complex has not had a major renovation since it was built in 1982, giving us an opportunity to add major value with both exterior and interior renovations, bringing this from a C+ asset class to a B-. Westmont Townhomes offers spacious 2- and 3-bedroom floorplans, each with a private patio and covered parking for its residents, setting it apart from the standard garden-style apartments in the area.

Accepted Investors

Accredited

Qualified Purchaser

Family Office

Raise Close Date

5/30/2025

Regulation Type

506C

Deal Type

Syndication

Asset Location(s)

Utah

Asset Class(es)

Multifamily

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Streamline Capital Group

Details

Target Raise$3.2M
Close Date5/30/2025
Min Investment$50,000
Target IRR16% - 20%
Target Hold Period2 years - 5 years
Target Equity Multiple1.9x - 2.2x
Preferred Return6% - 8%
Target Cash-on-Cash5% - 8%
Target AAR18% - 22%