Welcome Passive Investors
Vinney Chopra and Moneil Investment Group are excited
to represent offerings of 109-unit B-Class multi family
community in Knoxville, Tennessee.
to represent offerings of 109-unit B-Class multi family
community in Knoxville, Tennessee.

Accredited, Passive Investors
This offering is a SEC Reg D 506(c) and is open to accredited investors only. An accredited investor has either a net worth of $1 million, not including their primary residence, OR an annual income of $200,000 (or $300,000 if married) for the last two years and you have a reasonable expectation that it will continue.
Offering Details At A Glance
$12.5M
Purchase Price
$3.5M
Equity Raise
$100,000
Minimum Investment
5-7 Years
Holding Period
99%
Occupancy (As of 7/13/21)
$500,000
Capex

Projected Investor Returns
A two-tiered return structure gives investors more choices when placing their equity. Investors have the opportunity to invest in either tier of equity Class A, Class B or a combination of both Class A and Class B. Diversifying in both classes allows for a risk adjusted and blended return.
Property Tour
The Adelade is a 109 unit B-Class multi family community completely renovated in 2019 situated in 4.56 acres, offering studio, 1 and 2 bedroom units in Knoxville, Tennessee

REQUEST ACCESS TO THE EXCLUSIVE OFFERING MATERIALS
Our Team

Vinney Chopra
Strong Historical Rent Growth and Occupancy
The South Knoxville submarket has experienced consistent rent growth over the past four years, while occupancy has increased to a Knoxville MSA high of
97% in 2020. Maintaining an average occupancy of 96% over the last three years, the South Knoxville submarket has repeatedly outperformed the Knoxville
MSA average occupancy of 93.9%.


New Development Expansion in the Area
South Knoxville has experienced rapid growth in recent years due to the revitalization of downtown and the Market Square neighborhood, just across the Tennessee River. Expansion along the Sevier Avenue corridor has intensified, with an array of infrastructure projects, over $700 million centered around outdoor activities and walkability. Proximity to natural amenities—such as riverfront parks and walking trails—has attracted new residents to the area and commercial development
has followed.
Mission Driven Rents
A recent $3.7 million complete renovation into the property has left a huge opportunity to increase rents without a large cap ex budget. A nearby competitor with similar floorplans, interior quality, and vintage is achieving rents nearly double what The Adelade is currently charging.


Accessible to Key Employers and Demand Drivers
The Adelade is located in booming south Knoxville, .5 miles from Sevier Ave’s new extension of downtown Knoxville, with multiple new restaurants, retailers , and breweries , part of $700M major investment by the city to reshape Knoxville’s waterfront and 2 miles from downtown Knoxville. The Adelade is in close proximity to the largest science and energy national laboratory in the U.S. Department of Energy system along with being minutes from two new Amazon distribution centers bringing over 2000 jobs.
