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