The Eastern Apartments

Purchased as part of a portfolio buy, this 240-unit complex is located in the capital of Alabama (Montgomery) and was acquitted at an AMAZING basis of $39k/unit - but required HEAVY capital improvements north of $20k/unit.  The business plan includes new roofs, full interior renovations on all units, new exterior paint/woodwork, parking lot refurbishment, and amenity improvements - but provides some extreme return potential for our investors.