Westbrook Apartments: Macon, GA
Units: 96
Purchase: 4.5 million
Hold period: 15 months
Contracted Sale price: 7.3 million
Investor annualized returns: 35%
The Grove: Phenix City, Alabama
Units: 88
Purchase: 4 million
Equity raise: 1.2 million
Investor annualized returns: 28.9%
2 year refi period: 6 million
Equity created: 2 million