IMPACT, NOT JUST INCOME.
IMPACT, NOT JUST INCOME.
Multifamily Portfolio
Case Study/Past Properties
Macon, GA
Westbrook Apartments: Macon, GA
Units: 96
Purchase: 4.5 million
Hold period: 15 months
Contracted Sale price: 7.3 million
Investor annualized returns: 35%
Columbus, GA
The Cove Apartments: Columbus, GA
Units: 45
Purchase: 2.41 million
REFI period: 18 months
Appraisal: 3.8 million
Equity created: 1.39 million
Phenix City, Alabama
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
Thomaston, GA
Magnolia Gardens: Thomaston, GA
Units: 48
Purchase: 1.6 million
Equity raise: 350k
Value add: +250/month
Equity Created: 750k
Barnesville, GA
Village Square: Barnesville, GA
Units: 128 (Student Housing)
Purchase: 2.65 million
Equity raise: 650k
5 year Hold period: 4.425 million
Equity created: 1.6 million
Proj. Investor annualized returns: 21%