Projected IRR
41%
Projected Hold
2 Years
Year Acquired
2024
This portfolio consists of 384 units in high growth, high demand areas in the Piedmont region of NC (Greensboro/High Point/Shelby). Purchased at an amazing price that was 35% less than the seller's cost basis, the assets are positioned for high returns by putting in a strategic CAPEX plan. By improving the interiors (granite countertops, new fixtures, LVP flooring, stainless appliances) and high-quality exterior improvements (exterior paint, roof work, pool improvements, and tennis court to pickle ball conversion) we should be able to reduce vacancy and increase average rents.
741 Merritt Capital Dr. Ste 104
Wake Forest, NC 27587
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