Actual IRR
191%
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.
741 Merritt Capital Dr. Ste 104
Wake Forest, NC 27587
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