Mission Statement
At I.C.E. Capital, we are committed to making real estate investing accessible to everyday people, eliminating the burden of management while delivering targeted returns. Guided by our core values of Integrity, Character, and Excellence, we lead with honesty, trust, and transparency in everything we do. Our mission is to serve the needs of our tenants, create value for our investors, and build lasting partnerships through a commitment to ethical, results-driven real estate solutions.
Strategic Focus for the Near Future:
We are proud to be under contract for $20 million in Multifamily Real Estate, with several additional projects closing and in the pipeline. We are confident in our ability to close on over 300 units within the next year, allowing us to continue delivering strong returns while managing investor expectations with the utmost transparency and professionalism. As we grow, our commitment to Integrity Character and Excellence remains at the forefront, ensuring that both our investors and tenants experience the highest levels of service.
Current Acquisition
Key Highlights
Located in Clarksville, Tennessee
121 Townhome units
100% occupancy with a Waiting List
Built in 2023
Day One cash flow in place
Class B+
*Here's the great thing. We're buying it below replacement cost from a distressed seller.
Target Net Investor Returns based on a 5-year investment term:
Average Annual Return: 24.13%
IRR: 19.02%
Annual Average Cash-On-Cash: 7-9%
Weighted Average Equity Multiple: 2.0-2.5x
Airport Place Apartments Webinar 10/17
Meet the Team
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Eric Schultz
Real Estate Expert and Property Flipping Specialist
• 15 Years of Industry Expertise: specializes in property flipping, partnering with investors to achieve impressive financial outcomes.
• High ROl: delivers an average ROl of 28% for investors, consistently maximizing value and profitability.
• Expanding Real Estate Portfolio: Owns $2.1M+ in real estate assets, with a focus on continued growth and acquisitions.
• Entrepreneurial Leadership: Owner and operator of Eric Schultz Remodeling LC for 20 years, blending real estate acumen with construction expertise.
• Resilient Competitor: a competitive athlete and cancer survivor, demonstrating resilience and determination both personally and professionally.
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Sean Thompson
Commercial Real Estate Professional
• Proven Track Record: Over $50M AUM with a portfolio of 100+ properties successfully bought/sold.
• Experienced Investor: Actively serves as both a Limited and General Partner across multiple high-value transactions.
• Asset Management Expertise: Currently manages a portfolio of 70+ units, supported by a skilled team, specializing in efficient asset management and operational optimization.
• Notable Accomplishments: Led a $17.7M syndication for a 120-unit property and spearheaded a $20M development project for 12 units, demonstrating expertise in large-scale realize estate ventures.
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Karl Sperlich
Deal Finder, Underwriter, and Team Leader
• Entrepreneurial Experience: a seasoned business owner, having successfully founded and operated multiple ventures through his career.
• Asset Management: Currently responsible for overseeing more than $9M in assets on behalf of his employer.
• Leadership and Personal Dedication: a committed leader, both professionally and personally, having led teams to success while balancing 32 years of marriage and raising seven children.
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Krishtion Pesante
Key Asset Management Professional
•Comprehensive Real Estate Expertise: experienced in the full real estate lifecycle, from acquisition to sale, ensuring optimal outcomes at every stage.
• Client and Investor Relations Leader: extensive experience as the Head of Client and Investor Relations, fostering strong partnerships and delivering exceptional service.
• Deal Analysis and Market Insight: highly skilled in analyzing deals and providing in-depth market overviews to guide strategic decision-making.
• Collaborative Approach: works closely with both residential and commercial investors, offering expertise in operations and management to enhance asset performance.