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Park at Arlington: Final Live Q & A Session
Introduction
Pheenyx Capital Investment hosted its final webinar for the Park at Arlington opportunity, highlighting key details and answering top investor questions gathered from over 150 calls. The 188-unit, garden-style community in Covington, Georgia, is 94% occupied and benefits from strong local economic drivers, including Rivian’s EV plant and Meta’s data center. The team discussed conservative underwriting, fixed 3.5% assumable debt, projected returns for Class A and Class B investors, tax advantages like depreciation, and risk mitigation strategies. Investors also learned about funding options, preferred returns, capital call scenarios, and the projected quarterly distribution schedule, reinforcing transparency and long-term partnership.
What you need to Know
Park at Arlington is a 188-unit, garden-style community in Covington, Georgia, currently 94% occupied. The property is positioned in a growing market supported by major economic drivers, including Rivian’s upcoming EV manufacturing facility and Meta’s operational data center. With a 3.5% fixed assumable loan already in place, the deal benefits from strong cash flow potential and protection against rising interest rates.
During the webinar, the team reviewed projected returns for both Class A and Class B investors, explained the 6% preferred return structure, and highlighted tax advantages such as accelerated depreciation. Risk factor, including rent growth, vacancy, refinancing, and potential capital calls were discussed openly, along with mitigation strategies like conservative underwriting, fixed debt, strong reserves, and experienced property management.
Investors also learned about funding options, including cash, LLCs, trusts, and self-directed IRAs, as well as the projected quarterly distribution schedule.
Above all, the webinar reinforced Pheenyx Capital’s commitment to transparency, disciplined operations, and protecting investor capital, while building long-term partnerships through multifamily real estate investing.
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