Price: $29,000,000
5-Year Return on Equity: +3.23
5-Year IRR: 29.48%
Going-In Tax Adjusted Cap Rate: 6.30%
Brand New Turnkey Asset
Owner Developed and Owner Managed
94 Percent Occupied with No Concessions
Full Income Potential Now Available
Install Stainless Steel Appliances and Smart Home Features
Increase Income Potential through Unit Upgrades
Opportunity to Increase Rents
Raise Rents to Meet Market Standard
Desirable Floor Plans with Luxury Features
Two-Story Townhomes and Spacious Lofts