Unbeatable Value: All three properties are above a going-in 6% Capitalization Rate (Cap Rate), showcasing the great prices we have negotiated on these income-producing assets.
Long-Term Previous Owners: Each of the three different sellers have owned the properties for more than 20+ years, and thoroughly maintained the assets over the years.
Supply-Constrained Submarkets: The location of each of these properties are within highly regarded school districts, with very limited room for further development or supply. You can see more of these great locations in the video here.
Untapped Potential: 100% of the 393 units are classic, offering a substantial upside with our proven interior renovation strategies.
Optimal Financing: Long-term, fixed-rate agency financing through Fannie Mae. We have secured financing at 5.21% and 5.04% interest rates.
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