Projected IRR
95%
Projected Hold
1 Years
Year Acquired
2024
The Reserve at Britton Park, located in Manning, SC, is a 40-unit complex that offers great return potential for our investors. Built in 1999, this market rate property is a mix of large 2BR/1Bath and 3BR/2Bath units - each including a washer/dryer, dishwasher, microwave, stove, kitchen area, brand new LVP flooring, and more. Also on site is a newly renovated clubhouse and fitness center.
Purchased in March 2024 at an extremely favorable cost basis of $35K/door, this complex had average rents in the $500s per unit at purchase with the ability to easily increase to upper $900s per unit in quick fashion.
741 Merritt Capital Dr. Ste 104
Wake Forest, NC 27587
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