The Park at Pennsylvania
Passive Apartment Investing.
Professional Management.
Real Results.
Invest alongside PropertiesByJMC in The Park at Pennsylvania
WHY?
The Park at
Pennsylvania
The Park at Pennsylvania — referred to as "Penn Flatz" in the recorded webinar — Opportunity Highlights:
23-unit, stabilized workforce housing asset located in Lansing’s solid Old Everett neighborhood. Built in 1966, the property features generously sized one-bedroom units (700 sq ft) and is currently 92% occupied.
This is a rare opportunity to acquire a well-maintained, cash-flowing property at a significant discount to replacement cost—only $50k per unit, compared to an estimated $95k per unit to build new in this market.
Lansing offers a strong combination of job growth, rising rents, and limited new supply for renters, driving consistent demand for affordable housing. Recent comparable properties in the area are renting for $1000+ per month, while The Park at Pennsylvania’s current rents provide immediate upside through professional management and targeted renovations.
Want to learn more?
Schedule a call with our team at your convenience.
PROPERTY
HIGHLIGHTS
Description
Nestled in Lansing’s friendly Old Everett neighborhood, The Park at Pennsylvania is a well- kept 23-unit apartment community, built in the 1960s. The property is close to major employers, schools, and everyday conveniences, making it an ideal choice for local residents and working families.
Unit Overview
The complex offers 23 spacious one-bedroom apartments (about 700 sq ft each). Every apartment is designed for comfort and easy living, with plenty of natural light and room to relax.
Features
The Park at Pennsylvania offers comfortable apartment living with practical features that matter most to residents. Highlights include: Onsite laundry facilities (newly added and/or planned upgrades) Easy parking for residents Quick access to main roads, employers, and local conveniences Professional property management for fast, reliable service
INVESTMENT
OPPORTUNITY
Holding Period:
Our business plan targets a 5-year hold, allowing sufficient time to complete strategic improvements, increase net operating income, and pursue a value-maximizing sale or refinance.
Capital Raise:
We are raising $414,000 from Limited Partners to acquire The Park at Pennsylvania and execute the property's business plan.
Minimum Investment:
The minimum investment required is $25,000 per LP interest, with the General Partner reserving the right to accept smaller subscriptions at
their discretion.
Property Images
BUSINESS PLAN
OVERVIEW
Buy and Improve: Park at Pennsylvania is a 23-unit, stabilized apartment community acquired below replacement cost, offering immediate cash flow and value-add potential through targeted upgrades.
Strategic Renovations: We will invest $100,000 to enhance key areas—installing new laundry, improving curb appeal, and addressing essential repairs—to boost resident experience and future rental income while keeping units occupied.
Professional Management: Our trusted local property management team handles onsite operations, supported by rigorous oversight and transparent reporting from PropertiesByJMC LLC, ensuring smooth, hands-on execution.
Financial Strategy: The acquisition is financed with a senior loan at 70% loan-to-value and a $414,000 equity raise, using conservative projections for rent growth and occupancy.
Investor Returns: Projected returns include an average 11% cash-on-cash yield, a 16% internal rate of return (IRR), and a 2.05x equity multiple over a 5-year holding period, with a 6% preferred return paid first to investors.
Exit Strategy: We plan to hold the property for 5 years, optimizing income and property value, then exit via sale or refinance to maximize investor proceeds.
Want to learn more?
Schedule a call with our team at your
convenience.
RETURN
STRUCTURE
LP preferred Return:
Investors receive a 6% preferred return, paid first from available cash flow.
Profit Splits: After the preferred return, Limited Partners receive 80% of all remaining profits and cash distributions. The General Partner receives 20%.
Projected returns: Our underwriting targets an average 11% annual cash-on-cash return, with a 16% internal rate of return (IRR) and a 2.05x equity multiple over a 5-year hold.
Minimum Investment: $25,000
Investment Timeline: 5-year projected hold period.
Meet the Sponsor:
Jullion Cooper
PropertiesByJMC helps busy professionals build wealth through passive multifamily real estate ownership without the responsibilities of being a landlord.
Founded by Jullion Cooper, the firm focuses on acquiring workforce housing in stable Midwest markets where strong fundamentals, affordability, and disciplined operational
improvements create opportunities for long-term value creation.
Drawing on years of analytical, leadership, and investment experience, Jullion approaches every acquisition with a commitment to conservative underwriting, transparent communication, and disciplined execution. PropertiesByJMC partners with experienced property managers, lenders, contractors, and advisors to execute each business plan while keeping investor interests at the center of every decision.
Investor Testimonials
"Throughout the process, Jullion consistently communicated, followed through, and demonstrated how serious he was about making the deal happen. That gave me confidence in both the opportunity and the person leading it."
"I wanted exposure to apartment investing without having to become a landlord. The business plan made sense and gave me an opportunity to invest in real estate sooner."
"I had previously owned rental properties, but at this stage I wanted to stay invested in real estate without the day-to-day responsibilities of managing tenants."
"Investing in an apartment complex always seemed reserved for institutions or wealthy investors. What ultimately convinced me was investing alongside someone I knew and trusted."
"The preparation, transparency, market analysis, and organization behind the deal gave me confidence. This wasn't a rushed decision."
Property Location
Well-connected and close to major employers. Property has immediate access to I-96, US-127, and key east–west corridors.
Short drive from largest employment clusters, including McLaren Greater Lansing Hospital, Michigan State University, the State of Michigan government complex, and major retailers.
Retail & Recreation Close By
Surrounded by major commercial anchors such as Meijer, Menards, Kroger, and Spartan Toyota, along with popular dining options.
Minutes from the Hope Sports Complex, Hawk Island Park, and the Fenner Nature Center — giving residents a blend of suburban comfort and recreational access that increases quality of life and reduces turnover risk.
Frequently Asked Questions
Who can invest?
Investment opportunities are offered in accordance with applicable securities laws. Specific eligibility requirements will be outlined for each offering.
What is the minimum investment?
The minimum investment for The Park at Pennsylvania is $25,000, although the General Partner may accept smaller investments at its discretion.
How long is the investment?
The anticipated hold period is approximately five years. This allows time to execute the business plan, improve operations, increase property value, and pursue an eventual sale or refinance.
When will investors receive distributions?
Cash distributions are expected to begin after the property has stabilized and available cash flow supports distributions. While we target regular distributions, they are never guaranteed and depend on the property's performance.
How are profits distributed?
Investors receive a 6% preferred return before the General Partner participates in profits. After the preferred return has been satisfied, remaining distributable cash is split 80% to Limited Partners and 20% to the General Partner, as outlined in the governing investment documents.
Will I receive tax documents?
Yes. Investors will receive an annual Schedule K-1 to assist with preparing their tax returns.
Can I invest through an IRA or retirement account?
Depending on your custodian, many investors can invest using a Self-Directed IRA or other qualified retirement account. We recommend consulting your financial or tax advisor regarding your specific situation.
Do I have to manage the property?
No.
Properties by JMC oversees the investment strategy while experienced third-party property managers handle leasing, maintenance, resident communication, and daily operations. Investors enjoy the benefits of real estate ownership without the responsibilities of being a landlord.
What makes this investment different from buying a rental property?
Owning an individual rental property often requires significant capital, financing, maintenance, and tenant management.
Passive multifamily investing allows investors to own a share of a professionally managed apartment community while avoiding the day-to-day responsibilities of direct ownership.
What are the primary risks?
Like all real estate investments, this opportunity involves risks, including changes in market conditions, occupancy levels, operating expenses, financing costs, and property values. While no investment can eliminate risk, our strategy emphasizes conservative underwriting, disciplined asset management, professional operations, and transparent communication to help manage those risks.
Why PropertiesByJMC?
PropertiesByJMC focuses on acquiring workforce housing in stable Midwest markets where disciplined operations, professional management, and targeted improvements create long-term value. We believe trust is earned through preparation, transparency, and disciplined execution. That's why we underwrite conservatively, communicate openly, and treat investor capital with the same care we expect for our own.
READY TO
GET STARTED?
Schedule a 1-on-1 call with a member of
our investor relations team to learn more.
PropertiesByJMC acquires workforce housing communities in stable Midwest markets where disciplined operations and strategic improvements create long-term value. We partner with experienced property managers and local professionals to execute conservative business plans while maintaining transparency, alignment, and open communication with our investors.
© 2026 PropertiesByJMC - Mailing: 1910 Thomes Ave, Cheyenne WY 82001
This material does not constitute an offer or a solicitation to purchase securities. An offer can only be made by the Private Placement Memorandum (PPM). This document or page is an informational summary of prospective investment opportunities only. The PPM and its exhibits contain complete information about the Property and the investment opportunity.