Nexpoint Residential Trust, Inc. · NYSE:NXRT
Nexpoint Residential Trust — Q3 2024 Earnings Presentation
11 slides from Nexpoint Residential Trust's earnings presentation, Oct 29, 2024
Slide 1: Rockledge Apartments: Marietta, GA
ROCKLEDGE APARTMENTS: MARIETTA, GA
Slide 2: Fully Upgraded Unit Living Area
FULLY UPGRADED UNIT LIVING AREA
Slide 3: Remodeled and Modernized Fitness Center
REMODELED AND MODERNIZED FITNESS CENTER NEXPOINT RESIDENTIAL TRUST, INC. [NYSE:NXRT]
Slide 4: Revenue & Average Rent Per Unit
Revenue & Average Rent Per Unit Stock Price Performance (Since Inception; 4/1/2015)
Slide 5: poset
| 190 poset a = See ee a
Slide 6: Highlights of Recent Activity
NXRT.NEXPOINT.COM NEXPOINT RESIDENTIAL TRUST, INC. [NYSE:NXRT] Highlights of Recent Activity COMPLETED DISPOSITION Property Name Location Date of Sale Sales Price IRR Multiple on Invested Capital Net Cash Proceeds (1) Stone Creek at Old Farm Houston, TX October 1, 2024 $ 24,500 14.8% 2.19x $ 24,400
Slide 7: Outstanding Debt Details
NXRT.NEXPOINT.COM NEXPOINT RESIDENTIAL TRUST, INC. [NYSE:NXRT] OUTSTANDING DEBT DETAILS Mortgage Debt for 17 Properties Refinanced The following table contains summary information concerning the mortgage debt of the Company for the 17 properties refinanced on October 1, 2024 (dollars in thousands):
Slide 8: Slide 8
Slide 9: Slide 9
Slide 10: Value-Add Program Details: Interiors (Full & Partials)
NXRT.NEXPOINT.COM NEXPOINT RESIDENTIAL TRUST, INC. [NYSE:NXRT] Value-Add Program Details: Interiors (Full & Partials) Property Name (1) Units Rehab Units Completed (2) Average Rent Pre-Rehab Average Rent Post-Rehab Avg. Rehab Cost Per Unit (3) Post-Rehab Rent Change % ROI (3) Value-Add Programs In P
Slide 11: Historical Acquisition Details
(1) As of September 30, 2024, we had total indebtedness of $1.5 billion at an adjusted weighted average interest rate of 3.58% of which $1.4 billion was debt with a floating interest rate. As of September 30, 2024, interest rate swap agreements effectively covered 75% of our $1.4 billion of floating
NexPoint Residential Trust — Q3 2024 Earnings Presentation on 6ix