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Aragon Place

SAN ANTONIO, TX

TYPE

MULTIFAMILY

UNITS

216

BUILT

1983

PROPERTY DESCRIPTION

SAN ANTONIO, TX

Our team had a great time with this project as we brought in a turn-key construction group and renovated more than half of the units. The upgraded units were able to out pace our projected rent premiums as the investors are looking to sell this community in the near future.


INVESTMENT SUMMARY

STRATEGY

VALUE-ADD

INVOLVEMENT

OWN & MANAGE

ENTER | EXIT (YR)

2019

|

2022

TARGET  |  ACTUAL

HOLD (YRS)

5

|

TBD

EQUITY MULTIPLE

1.8x

|

TBD

IRR

21%

|

TBD

CASH ON CASH

8%

|

TBD