High Demand: Strong occupancy in Harrisburg's rental market.
Attractive Returns: 20.9% annual return, 2.5x equity multiple.
Prime Location: 3 miles from downtown Harrisburg.
65% Repayment: Projected return within 24 months.
A high-demand rental market with 16 potential renters competing for each unit.
Only 3 miles from downtown Harrisburg and 0.5 miles from Route 83.
Ranked #3 nationally for rental competition and demand.
Median home values between $206k–$242k with a consistent appreciation of 27% over two years.
Median Home Value: $206k-$242k
Neighborhood Median Income: $76K
Population Growth: 6.55% growth over the last 5 years.
High Rental Demand: 16 prospective renters for every available apartment during peak season.
Blended Cap Rate for Harrisburg Metro: 5.6%
Eric Brewer, CEO of Integrity First Home Buyers, has 17+ years in real estate, leading nearly 4,000 transactions and $4B+ in sales. He also manages a $60M+ annual sales team under Keller Williams. A mentor and community advocate, he serves on the senior leadership team for Collective Genius, driving collaboration and growth.
Ken Majmudar, CFA, is a seasoned investor with 30+ years of experience, having led thousands of commercial real estate investments and advised 100+ wealthy families. Founder of Ridgewood Investments, he previously worked on Wall Street at Merrill Lynch and Lehman Brothers. A Harvard Law and Columbia graduate, Ken is a noted advisor, speaker, and member of the CFA Institute and Collective Genius Mastermind.
Benmont Locker has 5+ years in real estate and 10+ years in business development, leading 1,000+ transactions and scaling educational programs like 'The Brewer Method.' He has successfully grown businesses across multiple industries, including retail, healthcare, and fitness. Based in Tampa Bay, he values fitness, creativity, and family.
Josh Williams, Chief Growth Officer, has 5+ years in real estate and 10+ years in investment banking and M&A. He specializes in build-to-rent and multifamily development, managing projects across Ohio and the Midwest. Josh focuses on investor wealth-building, city housing solutions, and fund-level value creation. He lives in Baltimore with his family.
Mr. Huhra has 25+ years in commercial real estate, specializing in development, multifamily, retail, and office investments. He manages projects in Maryland and Pennsylvania, focusing on investor returns, market analysis, and construction management. He lives in Baltimore with his family.
This offering memorandum is being provided on a confidential basis solely for the information of those persons to whom it is given. The materials, including the information contained herein, may not be copied, reproduced, republished, posted, transmitted, distributed, disseminated or disclosed, in whole or in part, to any other person in any way without the prior written consent of Banksmore. By accepting this offering memorandum, you agree that you will comply with these confidentiality restrictions and acknowledge that your compliance is a material inducement to our providing this brochure to you.
Any targeted returns, projections or other estimates in this investment summary, including estimates of refinancing proceeds, returns or performance, are forward-looking statements and are based upon assumptions.
The sponsorship believes there is a sound basis for achieving any targeted returns contained herein; however, other events, which may not have been taken into account, may occur and may significantly affect the outcome. Any assumptions should not be construed to be indicative of the actual events that will occur. Actual events are difficult to predict and may depend upon factors that are beyond the control of the Company and the Sponsor. Certain assumptions have been made to simplify the presentation and, accordingly, actual results may differ, and may differ significantly, from those presented herein.
At Banksmore, we are dedicated to transforming real estate investments by combining strategic development expertise with a focus on affordable luxury housing solutions that create lasting value for investors and communities alike.