Hartman vREIT XXI

Investment Overview

Hartman vREIT XXI, Inc. intends to continue to acquire, develop and operate a diverse portfolio of value-oriented commercial properties, including office, retail, industrial and warehouse properties, located primarily in Texas. We intend to acquire properties in which there are a significant potential growth in income and value from re-tenanting, repositioning, redevelopment, and operational enhancements.

We believe that real estate, and in particular commercial real estate, provides an excellent investment for those investors looking for diversification, income, wealth preservation and growth in their portfolio.

"We believe our significant experience in acquiring and managing these types of properties, largely through our relationships with our Sponsor and other affiliates."

Hartman vREIT XXI, Inc. Investment Overview

Program Size $185,000,000
Net Asset Value (NAV) $10.17 for all share classes
Minimum Investment $10,000 non-qualified
($5,000 qualified)
Property Types Office, retail, industrial, warehouse
Property Locations Markets and sub-markets with high growth potential
Acquisition Leverage Target 50%

Our Investment Strategy

The cornerstone of our investment strategy is our Advisor’s discipline in acquiring commercial properties that offer a blend of current and potential income based on in place occupancy plus significant potential for growth in income and value from re-tenanting, repositioning, redevelopment, and operational enhancements. We refer to this strategy as “value-oriented” or the “Hartman Advantage.” We rely upon the value-oriented or Hartman Advantage strategy to evaluate numerous potential commercial real estate acquisition and investment opportunities per each completed acquisition or investment.

We intend to acquire, develop and operate a diverse portfolio of value-oriented commercial properties, including office, retail, industrial and warehouse properties located primarily in Texas. The commercial properties we intend to acquire may be existing income-producing properties, properties developed by an affiliate of our Advisor, newly constructed properties or properties under development or construction. We intend to target properties that are located in high traffic areas, have adequate parking, have good curb appeal, have occupancy rates of at least 50%, and have a diversified tenant mix of creditworthy tenant(s).

We may also invest a portion of the proceeds available for investment in unimproved land upon which improvements are to be constructed or completed. However, we may not invest more than 10.0% of the aggregate cost of the real property assets within our portfolio in unimproved land or real properties which are not expected to produce income within two years of their acquisition. Development of real properties is subject to risks relating to a builder’s ability to control construction costs or to build in conformity with plans, specifications and timetables.

hartman vreit xxi, inc. Investments

Timberway II
Address
15995 N. Barkers Landing Rd. Houston, TX 77079
Acquisition Date
November 21, 2019
Year Built
1983
Occupancy
62.85% (as of 12/31/2021) Occupancy Bar
Gross Leasable Area
130,828 sqft.
Total Investment 
$11,891,000
Two Park Ten Place
Address
16300 Katy Freeway
Houston, Texas 77084
Acquisition Date
November 21, 2019
Year Built
1981
Occupancy
89.92% (as of 12/31/2021) Occupancy Bar
Gross Leasable Area
57,126 sqft.
Total Investment 
$5,125,000
One Park Ten Place
Address
16365 Park Ten Place Drive
Houston, Texas 77084
Acquisition Date
November 21, 2019
Year Built
1979
Occupancy
83.94% (as of 12/31/2021) Occupancy Bar
Gross Leasable Area
34,089 sqft.
Total Investment 
$3,075,000
16420 Park Ten
Address
16420 Park Ten Place
Houston, TX 77084
Acquisition Date
October 1, 2019
Year Built
1982
Occupancy
58.09% (as of 12/31/2021) Occupancy Bar
Gross Leasable Area
83,760 sqft.
Total Investment 
$7,511,000
1400 Broadfield
Address
1400 Broadfield Blvd
Houston, TX 77084
Acquisition Date
October 1, 2019
Year Built
1982
Occupancy
80.86% (as of 12/31/2021) Occupancy Bar
Gross Leasable Area
102,893 sqft.
Total Investment 
$9,581,000
Willowbrook
Address
7915 FM 1960 West
Houston, TX 77064
Acquisition Date
October 1, 2019
Year Built
1982
Occupancy
67.04% (as of 12/31/2021) Occupancy Bar
Gross Leasable Area
67,581 sqft.
Total Investment 
$3,792,000
11211 Katy Freeway
Address
11211 Katy Freeway
Houston, TX 77079
Acquisition Date
January 10, 2019
Year Built
1976
Occupancy
87.43% (as of 12/31/2021) Occupancy Bar
Gross Leasable Area
77,882 sqft.
Total Investment 
$4,950,000
Spectrum
Address
613 NW Loop 410
San Antonio, TX 78216
Acquisition Date
December 27, 2018
Year Built
1984
Occupancy
63.59% (as of 12/31/2021) Occupancy Bar
Gross Leasable Area
175,314 sqft.
Total Investment
$16,537,500
Richardson Tech Center
Address
651-681 North Plano Road
Richardson, TX
Acquisition Date
March 14, 2018
Year Built
1987
Occupancy 
62.42% (as of 12/31/2021) Occupancy Bar
Gross Leasable Area
99,660 sqft.
Total Investment
$5,040,000
Village Pointe Shopping Center
Address
15655-15689 San Pedro Ave.
San Antonio, TX 78232
Acquisition Date
November 14, 2016
Year Built
1982 (renovated in 2015)
Occupancy
89.30% (as of 12/31/2021) Occupancy Bar
Gross Leasable Area
52,246 sqft.
Total Investment 
$7,050,000

SEC Filings

RSS Error: A feed could not be found at `https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001654948&type=&dateb=&owner=include&start=0&count=100&output=atom`; the status code is `403` and content-type is `text/html`

Financial Advisors can order print or digital subscription materials.

Order a Sales Kit