Acquired, renovated, and stabilized within a 13-month duration.
Rents at acquisition- $6,950. Rents at stabilization- $18,050.
Value at acquisition- $1,150,000.
Value at stabilization- $2,400,000.
Equity Gain- $700M, or 29%
Acquired, renovated, and stabilized within a 13-month duration.
Rents at acquisition- $6,950. Rents at stabilization- $18,050.
Value at acquisition- $1,150,000.
Value at stabilization- $2,400,000.
Equity Gain- $700M, or 29%
Acquired, renovated, and stabilized within a 12-month duration.
Rents at acquisition- $6,175. Rents at stabilization- $17,950.
Value at acquisition- $635,000.
Value at stabilization- $2,150,000.
Equity Gain- $650,000 or 30%
LP IRR- 24%
Acquired, renovated, and stabilized within a 16-month duration.
Rents at acquisition- $2,600. Rents at stabilization- $9,550.
Value at acquisition- $585,000.
Value at stabilization- $1,150,000.
Equity Gain- 30%
LP IRR- 21%
