Introducing Uncluttered Mind, MD Capital
Andrew and Jennie Eckstrom are seasoned real estate investors with a diverse portfolio that includes commercial medical properties, STRs,and multifamily investments. Jennie, a family physician, and Andrew, an IT firm managing partner, focus on legacy-building in real estate, drawing on generational principles. They mentor physician investors in real estate and entrepreneurship. They are thrilled to partner with Nick and Elaine Stageberg on Black Swan Fund IV.
Black Swan Fund IV (Closed December 2024)
Georgetown Townhomes
Boulder Ridge Townhomes
Boulder Ridge Townhomes
- 132 units
- Two phases, 100 units and 32 units
- 87 units (66%) are income restricted LIHTC units
- Restriction expires in 6 years on 55 units and 10 years on 32 units
- Direct entry townhomes with private garage and driveway; half bath on first floor; full bathroom on second floor; in-unit laundry
- 92 two-bedroom homes, 1,170 sq ft
- 40 three-bedroom homes, 1,360 sq ft
- 16.4 acre campus surrounded by green belt
Boulder Ridge Townhomes
Boulder Ridge Townhomes
Boulder Ridge Townhomes
- 112 units
- 48 townhome style homes, some over 1900 sqft
- 64 apartments style homes, avg. 1,158 sq ft–HUGE
- Private garage for every unit
- Recent cap ex: new roofs (2023), resurfaced parking, siding
- replacement, concrete repair
- Every unit has private garages, balconies or decks, in-home
- laundry, oversized cabinetry, built-ins, and fireplaces
- Amenities include ample parking, green space, dog park, and on-site gym
- DEBT: HUD loan assumption at 4.47% fixed w/ 33 yrs remaining!
Stone Haven Apartments
Boulder Ridge Townhomes
Stone Haven Apartments
- 56 Class A units
- New construction, build to rent
- Physically adjacent to Stonehaven Townhomes, a community that Black Swan has built and owned for 4 years with a proven record of success
- All units will have their own private garage with access to their specific unit
- Premium finishes - stone countertops, LVP throughout, ultra high efficiency HVAC (eligible for rebates), multiple EV chargers in garages, vaulted ceilings