Ascend at Tamarron
Purchase Price: $76,167,000
Hold Time: 5 years
Equity Required (Total): $24,000,000
Equity Required (LP-Class A): $5,500,000
Equity Required (LP-Class B): $18,500,000
Class A IRR and Avg. Annual Return: 9%
Windsong Apartments
Purchase Price: $6,100,000
Total Costs: $8,425,000
Total Equity Raise $2,500,000
Price/Unit: $68,539
The Villager at Bay Park
Purchase price: $5.835 million
Renovation budget: $650,000
Estimated ARV: $9.4 million
Projected Equity Multiple: 2-3x
Equity Raised: $2.5 million
StoneyBrook Apartments
