Chase Park Apartments | 88 Units | Montgomery, AL | C Class | Perpetuity Hold

FINANCIALS:

$5,500,000 - Purchase Price

$1,059,840 - Down Payment

$600,000 - Renovation

$2,000,000 - Capital Raise

$6,450,000 - Total Acquisition Cost

$11,000,000 - Expected Value in 5 Years

>29% IRR - Estimated ROI After 3 Year Liquidity Event & 10 Year Hold