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Targeted Returns
14.5-16.0%
Internal Rate of Return
1.52-1.84x
Equity Multiplier
3-5 Year
Hold period
4.7%
Yr 1 Cash on Cash Return
PROPERTY
# of Units: 45
Year Built: 2021
Parcel Size: 6.23 Acres
Unit Mix: 45 x 4bd/3ba
Avg Unit Size: 1,600 SqFt
Net Rentable: 72,000 SqFt
Property Management:
Resource Property Management
BUSINESS PLAN
Planned Hold: 3-5 years
Business Plan
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Eliminate inefficiencies in management
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Bring units to market rents
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Remodel units to test market
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Streamline utilities
​
Stabilization Timeline: 20 months
​
Property Overview
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