RWD Multifamily Fund LLC, created by RealWealth Developments, is an open-ended real estate fund focused on buying and improving Class A/B apartment communities in growing U.S. markets. The goal is to find properties priced below replacement cost with room for upgrades and stronger management, then create value through renovations and repositioning in areas with strong rental demand.
The Fund aims to deliver steady cash flow plus long-term equity growth, with typical hold times of 3–5 years. Investors get a preferred return and share in the profits, with capital called on a deal-by-deal basis for flexibility. Open to accredited investors only, the Fund offers rolling admissions and is managed by RealWealth Developments, a trusted sponsor with years of experience in real estate.
If you have any questions or are wondering if this is the right investment option for you, contact our Syndication Manager Paul.
Anticipated Returns
- Minimum Investment: $50,000
- Anticipated (IRR): 16%+
- Targeted Equity Multiple: 1.85x+
- Anticipated Cash-on-Cash (Post-Stabilization): 6% annual
- Hold Period: 3 to 5 years per asset
- Profit Splits: 80% to Investors
- Preferred Return: Tier 1 Investors 10% annual preferred return (non-compounding)
- Preferred Return: Tier 2 Investors 8% annual preferred return (non-compounding)
To learn more and download offering documents:
Fund Overview
- 12 Month Capital Raise: Flexible acquisition timeline with capital calls made deal-by-deal as opportunities are identified and vetted
- Target Assets: Class A and Class B multifamily properties (25-200 units) with value-add potential in high-growth markets
- Market Focus: Secondary and tertiary markets with strong job growth, population in-migration, and infrastructure development
- Investment Strategy: Acquiring value-add properties with below-market rents requiring minor renovations
- Capital Structure: Deal-by-deal capital calls with 10% initial commitment, additional calls made as properties are acquired with pro rata ownership based on adjusted capital contribution.
- Fund Maximum Raise: $15M
- Investor Access: Accredited investors under Regulation D, Rule 506(c)
Key Investment Highlights
Why Multifamily in 2025
Rising interest rates are putting pressure on over-leveraged owners, while upcoming debt maturities and stricter lending standards are creating a pool of motivated sellers. This is leading to a wave of discounted assets, short sales, and recapitalization opportunities. At the same time, there’s still a persistent shortage of rental housing, keeping demand high. This is especially true as elevated mortgage rates push more people into renting. Add in continued migration to growth markets, and multifamily stands out as a strong opportunity in 2025.
Targeted Value-Add Focus
With this real estate fund, we’re targeting underperforming Class A and B multifamily properties in supply-constrained secondary and tertiary markets that are seeing strong job and population growth. These assets are often trading below replacement cost, making them attractive for value-add strategies. Through light-to-moderate renovations, management improvements, and market repositioning, we can unlock significant upside potential.
Diversification Strategy
Our portfolio will span multiple high-growth regions across the Southeast, Central U.S., Midwest, and Mountain West. This diversification reduces exposure to risk in any single market or property and helps smooth returns. By spreading investments across regions and assets, we aim to mitigate downside risk and deliver more consistent cash flow throughout the fund’s lifecycle.
