Actual IRR
28%
Actual Hold
1 Year
Year Exited
2023
Located in Laurinburg, NC, which is part of the Fayetteville metro area (one of the fastest growing areas in the state), this apartment complex significantly helped a local community in need of investment. At purchase, the tenants of this complex didn't even have adequate heating sources and had a roof that constantly leaked. In the course of our ownership, we were able to change the lives of each of those tenants - and were able to generate an equity multiple 1.3x in just one year. The way we improved their lives made a significant impact on our company and helped solidify our belief in what we were doing.
741 Merritt Capital Dr. Ste 104
Wake Forest, NC 27587
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