Cardone Equity Fund XVI, LLC
Date Fund Closed: 12/30/2021
Distributions: Monthly
Targeted Cash Flow: 4% to 6%
Targeted IRR*: 15%
Fund Size $65M+
Cardone Equity Fund XVI offers accredited investors the opportunity to participate in Cardone Capital’s latest fund. The fund will acquire existing multifamily properties in high- growth markets that have demonstrated substantial increases in population and continue to exhibit attractive long-term demographic indicators.
Cardone Equity Fund XVI is a $225M fund with plans to acquire high-quality strategic, undervalued, and/or value-add multifamily assets across the Sunbelt. Our focus is on Class A and B apartment communities in high barrier-to-entry locations with exceptional amenities. Check back soon for acquisition updates and property details.
Documents
Cardone Equity Fund XVI, LLC – Operating Agreement
Cardone Equity Fund XVI, LLC – PPM
Cardone Equity Fund XVI, LLC – Subscription Booklet
10X Las Olas Walk IM
Cardone Equity Fund XVI, LLC – Wire Instructions