Price: $29,000,000

5-Year Return on Equity: +2.94

5-Year IRR: +27.12

Incredible Basis at $142K/Unit!

All Lease-Up Concessions Ended July 31, 2024

+20% Rental Growth Income in Past 6 Months

Lenders are Underwriting to Rolling T1

$5M in Potential Value Add Opportunities

Brand New Turnkey Asset
Owner Developed and Owner Managed

97 Percent Occupied with No Concessions
Realize the Full Income Potential of this Stabilized Asset

Opportunity to Increase Rents
Raise Rents to Meet Market Standard

Desirable Floor Plans with Luxury Features
Two-Story Townhomes and Spacious Lofts

Attractive New Financing
Multiple Years of Interest-Only Term