Elm Villa Apartments

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Actual IRR

200%

Actual Hold

2 Year

Year Exited
2023



Located in downtown Greenville, NC (one of the fastest growing small-towns the US), this 33-unit complex generated substantial returns for our investors.  In just 2 years, we renovated 90% of the units and pushed rents by more than 40%. That, combined with improved management processes, helped to provide a high-quality rental option in the downtown Greenville market.


After a sale in Q4 2023, the total investment paid out close to 3x (roughly 200% total return) to our investors.



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