top of page
Multi Building.jpg

Park Oaks

20 Duplexes located in Athens, Georgia

Targeted Returns

15.0-16.0%

Internal Rate of Return

1.9-2.0x

Equity Multiplier

5 Year

Hold period

6.0%

Yr 1 Cash on Cash Return

PROPERTY

# of Units: 40

Year Built: 2001

Parcel Size: 22.92 Acres

Unit Mix: 45 x 4bd/3ba

Avg Unit Size: 1,121 SqFt

Net Rentable: 44,840 SqFt

 

Property Management:

Georgia Legacy Management

BUSINESS PLAN

Planned Hold: 5 years

Business Plan

  • Eliminate inefficiencies in management

  • Bring units to market rents

  • Remodel units to test market

  • Streamline utilities

​

Stabilization Timeline: 24 months

​

Property Overview

bottom of page