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Preston Court

Preston Court

10 units located in Commerce, Georgia

Targeted Returns

14.3%

Internal Rate of Return

1.83x

Equity Multiplier

5 Year

Hold period

8.4%

Cash on Cash Return

PROPERTY

# of Units: 10

Year Built: 2002

Parcel Size: 2.00 Acres

Unit Mix: 10 x 3bd/3ba

Avg Unit Size: 1,643 SqFt

Net Rentable: 16,430 SqFt

 

Property Management: Georgia Legacy

BUSINESS PLAN

Planned Hold: 3-5 years

Capital Expenditures 

  • Resurface parking lot

  • Remodel units

  • Streamline utilities

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Stabilization Timeline: 22 months

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Property Overview

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