Join thousands of investors who trust RISE48 for recession-resilient, tax-advantaged apartment investments with strong cash flow and appreciation upside.
15%–20% Average Annual Return
6%–10% Cash Flow (Preferred Return by Class)
2.0x+ Equity Multiple Potential

RISE48 handles everything — acquisitions, renovations, management, and distributions.

RISE48 controls acquisitions, construction, asset management, and property management — providing investors with unmatched oversight and operational efficiency.
300+ full-time staff across operations
Local teams in Arizona, Texas & North Carolina
35+ full-time employees in NC alone
This structure gives us total control over execution and eliminates third-party inefficiencies that reduce investor returns.

11,506 Units | 61 Properties | $2.5B+ Acquired
Across stabilized and value-add acquisitions, our track record continues to outperform underwriting.
Recent Portfolio Performance:
Across 1,159 units sold, RISE48 achieved:
70.5% average IRR vs. 15.4% projected
2.11x equity multiple on average
Average hold period of just 17.7 months
This demonstrates our ability to create value quickly and return capital faster.


A 240-unit, B+ class community with major value-add upside
Purchased at 30%+ below peak pricing
Significant value-add upside: Renovate 100% of units + add washers/dryers
Tax abatement strategy eliminating up to 90% of property taxes
Extremely low basis: $170K per unit
94% current occupancy
Located in high-growth East Charlotte submarket
A conservative underwriting model that delivers:
6%–10% preferred cash flow
2.0x equity multiple (Class B)
15.9% IRR (Class B projection)
22% projected AAR for Class C
Bank of America (16,000+ employees)
Wells Fargo East Coast HQ (27,000+)
Coca-Cola Consolidated (16,000+)
A conservative underwriting model that delivers:
Strong in-migration
Housing supply shortages
Above-average rent growth
A stable employer base
This makes Charlotte an ideal market for cash-flowing, recession-resilient multifamily investments.




Full Renovation Plan
Our construction team upgrades classic units to Rise48 Diamond Renovation Level, including:
New vinyl plank flooring
2-tone paint
Resurfaced countertops & tubs
Stainless steel appliances
Shaker cabinet doors
In-unit washer/dryer additions
This increases rent, resident quality, and long-term property value.
Interest rate capped at 4.75%
$1.9M in cash reserves
Deal breaks even at ~65% occupancy by Year 5
Zero impact from rising Fed rates due to rate cap strategy

Passive Income
Depending on the class:
Class A: 10% preferred return, no upside
Class B: 7% preferred return + upside participation

Appreciation & Growth
Value-add renovations + operational efficiencies increase NOI, resulting in higher property value.

Tax Advantages
Investors receive:
2025 depreciation benefits
Potential bonus depreciation
Shelter against W-2 income (depending on tax status)*

Investment managed by an experienced team of proven industry veterans