Track Record Assets is a private equity real estate investment firm specializing in value-add multifamily properties in Houston, TX. Founded by Trey Stone and Ian Stapleton (SSundee), the company focuses on delivering strong passive returns for accredited investors while upgrading housing for working-class families.

Investments are exclusively available to accredited investors as defined by the SEC. This offering is structured as a Reg D 506(c), which requires all investors to be accredited.

The minimum investment for the Morgan Bay Apartments offering is $100,000.

The current Morgan Bay offering projects a 21.5% Average Annual Return (AAR) and a 2.07x equity multiple over a 5-year hold period. Distributions are paid quarterly with full investor reporting.

CEO Trey Stone has 26 years of real estate experience, has owned and operated 6,304 units, added $144M+ in value, and completed 21 successful multifamily exits. He is a former President of the Houston Apartment Association and a 3-time Owner of the Year award winner at the city, state, and national level.

The current offering is Morgan Bay Apartments, a 268-unit value-add multifamily property located at 14403 Ella Boulevard, Houston, TX 77014. The property was acquired at $66,388 per unit against a market comparable average of $147,700 per unit.