
Real Estate That Works Beyond the Balance Sheet.
Investing With Master Properties
Multifamily real estate offers investors the opportunity to generate consistent income, diversify their portfolio, and participate in assets designed for long-term performance. At Master Properties, we focus on strategically selected communities positioned for stability, growth, and value creation.
Current Investment Opportunity
Washburn House
5005 Lyndale Avenue South, Minneapolis, MN 55419
A transformative development designed to honor the neighborhood while bringing new life, opportunity, and economic growth.

Investment Highlights
2
Year Hold
8%
Preferred Return
39%
IRR
1.94
Equity Multiple
Washburn House is a boutique, 15-home luxury condominium development planned for the Tangletown neighborhood of Southwest Minneapolis. Designed as for sale condominiums, the project offers equity investors exposure to a highly differentiated, small-batch product in an established neighborhood setting — an area where new, high-end condominium opportunities are limited and demand is supported by proximity to trails, parks, and everyday retail and dining. Importantly for execution, the project is fully entitled (secured June 2025), positioning the team to focus on presales, construction delivery, and an efficient sellout process. From an equity perspective, the investment case is supported by the project’s positioning relative to recent luxury condominium comparables and a go-to-market strategy centered on capturing scarcity value through presales and curated design. The Sponsor targets an approximately 43.36% two-year IRR, driven by disciplined project execution and a defined sellout exit. Master Properties (in business since 1997 with more than 100 builds) leads the development alongside a specialized team including Christian Dean Architecture, BJ Baas Builders, DRG Realty and Metropolis Design Group — bringing continuity across design, sales, construction, and delivery. As with any condo sellout, outcomes will ultimately depend on absorption, achieved pricing, and cost control; Washburn House is positioned to manage these factors through entitlement certainty, premium product differentiation, and a focused, neighborhood-scale execution plan. The Sponsor is seeking additional equity. Please visit WashburnHousempls.com for sales information.

Why Invest in Multifamily Real Estate?
Predictable Income Streams
Multifamily properties generate income across multiple units, helping reduce reliance on a single tenant and creating more consistent cash flow compared to other asset classes.
Resilient Market Demand
Housing remains a fundamental need. Multifamily assets historically maintain strong occupancy through changing market cycles, making them a durable investment option.
Scalable Growth Potential
With multiple units under one asset, investors benefit from operational efficiencies, professional management, and opportunities to increase value through strategic improvements.
