$100K + AVG.HOUSEHOLD INCOME1

✔ STRONG RENTER DEMOGRAPHIC

Diverse EmploymentIncluding Healthcare,

Banking and ProfessionalServices1

✔ QUALITY JOB MARKET

BUILT IN 2018✔ NEW, CLASS A ASSET

Access to highways,shopping, dining

entertainment and local beaches.

✔ WELL-LOCATED

245Unit Luxury Garden

Style Apartment Community

ACQUISITION HIGHLIGHT

It should be noted that the information/metrics provided regarding the property are as of March 12, 2019 and subject to change.

This is neither an offer to sell nor a solicitation of an offer to buy the securities described in the Cottonwood Communities prospectus, as amended and supplemented (the “Prospectus”). The offering is made only by the Prospectus and this material must be preceded or accompanied by the Prospectus. Neither the Securities and Exchange Commission nor any other state securities regulator has approved or disapproved of the securities or determined if the Prospectus is truthful or complete. In addition, the Attorney General of the State of New York has not passed on or endorsed the merits of the offering. Any representation to the contrary is unlawful. Securities offered through Orchard Securities, LLC, a member of FINRA and SiPC. CW Markets Group is a Branch Office of Orchard Securities, LLC.

COTTONWOOD WESTPALM (formerly known as LUMA)

WEST PALM BEACH, FLCottonwood West Palm is a luxury apartment community located in a high-traffic area of West Palm Beach, just five miles southeast of Palm Beach International Airport, with convenient access to some of South Florida’s largest job centers. Situated on the prominent Okeechobee Blvd within a mile of the Florida Turnpike, the property’s location offers stunning lake views and is just minutes from popular local attractions such as CityPlace, Palm Beach Outlets and Florida’s beautiful beaches.

Acquisition Price: $67 million Price Per Unit: $259,183 Average Rent: $1,795 Occupancy: 91% Year Built: 2018 Average Unit Size: 1,122 square feet Parking: 80 covered, 470 surface (2.2 spaces/unit) Amenities: Gated access, heated resort-style pool, dog park, clubroom, 24-hour fitness center, business center, cyber café and lounge

AT A

GLA

NC

EPA

LM B

EA

CH

HIG

HLI

GH

TS

11%Population

Growth(since 2010)2

3.2%Year-Over-Year Job Growth3

3rd

Most Populous County in Florida2

17,500+Net

MigrationPer Year4

C O M M U N I T I E S

CONTACT US TO LEARN MORE855.816.9112 | info@cwmarketsgrp.com

A copy of the most recent version of the Cottonwood Communities Prospectus may be obtained at www.cottonwoodcommunities.com or by requesting a copy from:

Janean BaxterOrchard Securities, LLC365 Garden Grove Lane, Suite 100Pleasant Grove, Utah 84062801.316.4301 | ppm@orchardsecurities.com6/19 CC-1048-B

1) Based on resident data collected by the prior property management team. 2) World Population Review (data can be accessed at: http://worldpopulationreview.com /us-counties/fl/ 3) South Florida SunSentinel “South Florida Reaches New Lows in unemployment” published December 21, 2018 (data can be accessed at: https://www.sun-sentinel.com/business/fl-bz-unemployment-november-20181220-story.html) 4) U.S. Census Bureau (data can be accessed at: https://factfinder.census.gov/bkmk/table/1.0/en/PEP/2017/PEPTCOMP/0400000US12.05000|0500000US12099)RISK FACTORSInvesting in our common stock involves a high degree of risk and uncertainties which should be carefully considered before making an investment. If any of the risks were to occur, our business, financial condition or results of operations could be materially and adversely affected. In these circumstances, the value of our common stock may decline, and you could lose some or all of your investment. Some of these risks include the following: no public market exists for our shares and our board of directors is not required to provide our shareholders with a liquidity event by a specified date, or at all; we set the offering price of our shares arbitrarily; we have no operating history; we have not identified any investments to acquire with the proceeds of this offering and are considered to be a “blind pool”; we depend on our advisor and its affiliates to select investments and to conduct our operations; we pay substantial fees to our advisor and its affiliates and such fees increase the risk that investors will not earn a profit on their investment; our officers and certain of our initial directors may be subject to conflicts of interest; we will use leverage to acquire multifamily apartment communities; there are restrictions on the ownership and transferability of our shares of common stock; our charter permits us to pay distributions from any source including offering proceeds or borrowings; and if we raise substantially less than the maximum offering amount, we may not be able to invest in a diverse portfolio of assets. Refer to the Prospectus for a complete set of risk factors.

W E S T P A L M