Ready to Invest?
Schedule a Call With Our Founders
Begin the process of investing in 509 North, our current offering. In 30 minutes we'll walk you through the current offering, answer your questions about the assets, terms and structure, and send the offering documents.
- Review 509 North, our current offering
- Ask anything about underwriting, terms and distributions
- No obligation. Offering documents sent after the call
Prefer to talk now? 512.431.0471
Email: weston@wapplercapital.com
Step 1 of 3
Are you an accredited investor?
Takes 10 seconds and helps our founders prepare for your call. Accredited investor: generally $200K+ individual or $300K+ joint income, or $1M+ net worth excluding your home.
Current Offering
509 North
A 252-unit multifamily acquisition in Albany, Georgia. Terms are summarized here and set out in full in the offering documents.
509 North
509 N Westover Blvd, Albany, GA 31707. Equity commitments are due by November 1, 2026; allocations are filled first come, first served.
Purchase Price
$17.0M
$67,460 per unit
Units
252
Built 1985, 14 three-story buildings
Preferred Return
6.0%
Paid current, quarterly or monthly
Split Above Pref
70 / 30
70% LP, 30% GP
Assumed Debt
5.66%
$15.1M Fannie Mae, fixed to June 2031
Minimum Investment
$50,000
Accredited investors only
Projected returns are not guaranteed. Past performance does not predict future results. Capital at risk. Illiquid investment. Accredited investors only. Any offer is made solely through the offering documents.
Now Raising · 509 North
Run the Numbers
See the 6% preferred return and projected 2.00x equity multiple on your allocation in 509 North, our 252-unit acquisition in Albany, Georgia.
If you invest
$250,000
Drag to adjust · $50,000 minimum
$15,000
Annual preferred return (6%)
$1,250
Per month, if paid monthly
$500,000
Projected total at 2.00x
Hypothetical illustration using the offering's 6% preferred return and 2.00x projected equity multiple over a 4-year hold. Bars show cumulative cash returned. Actual distributions and returns will vary and are not guaranteed.
Partner Track Record
$3B+
Transaction experience across our partners
21% IRR
Partners' multifamily track record
18% IRR
Partners' industrial track record
Hands-On
Asset management
These figures reflect some deals our partners completed before founding Wappler Capital, including at prior firms. Past performance doesn't guarantee future results.
Questions
What Investors Ask Us
Don't see your question? Our founders answer every one on a call.
What is Wappler Capital raising for right now?
Our current raise is 509 North, a 252-unit multifamily acquisition at 509 N Westover Blvd in Albany, Georgia. Terms include a 6% preferred return paid current and a $50,000 minimum, with a projected 20% LP net IRR and 2.00x equity multiple over a four-year hold (projections, not guaranteed). Equity commitments are due November 1, 2026. Schedule a call to review the offering documents.
What does Wappler Capital invest in?
Income-producing multifamily communities and RV parks in secondary and growth markets, plus related lodging and storage. Today the portfolio spans 15+ assets and 1,000 operating units across Texas, Alabama and Louisiana.
Who can invest?
509 North is open to accredited investors, with a $50,000 minimum. Eligibility is set out in the offering documents, and we confirm fit on your call.
How are distributions paid?
509 North's 6% preferred return is paid current, quarterly or monthly, from operating cash flow, with regular reporting and annual K-1s.
What are the tax benefits?
Real estate can qualify for depreciation, including accelerated year-one bonus depreciation, which may offset taxable income. Talk to your tax advisor about your situation.
Who manages the properties?
Our team runs our RV parks and Perryton communities directly. At 509 North, an institutional third-party property manager will be engaged at closing, with Wappler Capital overseeing the business plan and asset management.
How do I get started?
Schedule a 30-minute call with our founders. We'll walk you through the current offering, answer your questions and send the offering documents.