HillPointe Fund 3 (HP3)

Open for Funding

16%+ Net IRR

4-6 year hold

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Investment Summary

HillPointe Fund 3 (HP3)

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HP3 is a great option for investors to diversify their portfolio via a single asset fund.

  • Asset Class: Workforce multifamily housing, targeting attainable rents generally positioned below comparable new-build Class A communities.
  • Market Opportunity: Designed to capitalize on a supply-constrained multifamily environment, with new construction starts down materially from their 2022 peak and projected deliveries expected to remain below recent historical averages. At the same time, nearly 90% of new multifamily supply has been concentrated in Class A/luxury housing, creating an opportunity to serve the underserved “missing middle” through attainable workforce housing.
  • Development & Exit Strategy: Ground-up development followed by lease-up and stabilization, refinancing into bridge and/or agency debt, and eventual asset disposition.
  • Cost Advantage: Hillpointe targets development costs of approximately $150,000–$170,000 per unit, compared with approximately $220,000–$240,000+ per unit for competing new construction.
  • Value Creation: Underwriting targets an 8%+ yield on cost, with stabilized asset values supported by potential sales at approximately $250,000+ per unit.
  • Vertically Integrated Platform: Hillpointe controls key elements of the development process, including site selection, construction, lease-up, and asset management, supporting cost control and execution throughout the investment lifecycle.
  • Existing Ironton Relationship: Ironton previously invested with Hillpointe through HP1 and HP2, providing continued access to the sponsor’s workforce housing development strategy.

Next Steps To Reserve Your Spot

  1. Click the “Invest in this opportunity” button above to reserve your spot.
    • Our team will process your new user account and email you to create your password.
  2. Complete the accreditation verification process. Choose one option:
  3. After you create your account, we’ll send you the subscription documents for HP3 for you to review and sign via DocuSign.

Frequently Asked Questions

Is this offering for accredited investors only?

Yes.

What are my options for funding?

Cash, self-directed IRA, self-directed 401k, etc.

Is there a minimum investment amount?

Yes, the minimum investment amount is $50k.

When do I submit funds for HP3?

The funds are due upon execution of the documents.

For any questions, please contact

Please click here to schedule your best time to speak with our Investor Relations Team https://irontoncapital.com/time