Price: $2,775,000
Tax-Adjusted Cap Rate: 6.9%
5 Year Equity Multiple: 2.48x
Leveraged IRR (5 Year): 22.79%
Day One Cash on Cash: 8.21%
Pro Forma Year One Cash on Cash: 10.25%
Ancillary Income Opportunity
Recapture Water Expense
Stabilize Operations
Below-Market-Rents
Product Differentiation
New Construction
Amenity Expansion
Charge for Washer/Dryers
Steve Greer
Broker of Record
10527 Kentshire Court, Suite B
Baton Rouge, LA 70810
P: (225) 376-6729
Lic #: PB00098133