Site Plan

Build the first fully integrated 'Smart Apartment Community' in the region, leveraging technology to reduce costs, maximize tenant satisfaction, and ensure superior occupancy.

Premium Rents & Market Analysis

  • Smart-enabled apartments command $150–200 monthly premium vs comps.
  • Comparable Rents (older stock in Andover):
  • Buffalo Ridge: 1BR $1,095+, 2BR $1,325+.
  • SunSTONE: 1BR $1,033+, 2BR $1,457+.
  • Underwriting Rents (new build premium, walkable to schools):
  • 1BR: $1,425/mo.
  • 2BR: $1,675/mo.
  • Absorption: 6–8 leases/month → 55 units absorbed in ~8–9 months.
  • Vacancy assumption: 7%
55-Unit Building
Smart Community
EV chargers
Package lockers
Walking Distance to Andover Schools
Rooftop Wellness Center 

Cash-on-Cash (Years 1–2, construction) 

-6% to -8% (standard for development).

Cash-on-Cash (Post Stabilization)

7–9% annually

Operating Expense Impact -- Smart Community Efficiencies

Features include smart locks, energy monitoring to cut costs by 10–15%. Smart-enabled apartments yield premium rents.

Operating Costs

Vision is to reduce costs, boost tenant satisfaction, ensure high occupancy in Andover.  Led by a tech entrepreneur experienced in smart systems, automation. Smart locks, energy monitoring, and predictive maintenance reduce labor and utility costs by ~10–15%.

Energy Monitoring

Project aims to create 'Smart Apartment Community' in Andover, KS, enhancing tenant satisfaction.  Smart thermostats, LED, and load balancing reduce utilities by 12%.

Maintenance Savings


Predictive analytics and smart sensors reduce repair costs by 10%. 

Exit Strategy

Hold for 7 years with a projected exit cap of 6.0%.

Exit Valuation

$15,000,000–$16,000,000

Investment Opportunity

Investment opportunities include an equity raise goal of $6.5M, with a minimum commitment of $100,000, offering projected investor IRR of 14–16% and equity multiple of 1.8x–2.0x.

Annual Preferred Return

8% (accrued during construction, paid at stabilization)

Profit Participation

70% sponsor / 30% investor split above pref

Parking Income

Reserved smart parking ($50–75/mo) adds $30–40k/year

Storage & Pet Income

$20–40/unit monthly = $15–25k/year

Construction Financing

$20–40/unit monthly = $15–25k/year

Marketing Edge

Marketed as 'the future of renting' — aligning with millennial and Gen Z tenant preferences.

Our Team

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You

Investor

You

Investor

Thomas Ford

Lead Investor