A Case Study
Property Name:
Tristan Townhomes
Year built
1983
Location
Garden City, GA
# of Units
113
Purchase Price
$3,900,000
Role
Co-Sponsor
Business Plan
The business plan mainly focused on installing professional property management onsite and improving the culture and economic occupancy of the current tenant base.
The Results After 18 Months
Projected Holding Period
6 Years
Actual Holding Period
18 months
Projected ARR
22.31%
Actual ARR
110.18%
Projected IRR
17.14%
Actual IRR
90.11%