Portfolio

Shaker Heights, OH*

Units:
Gross SF:
Purchase Date:
Purchase Price:
Total Capitalization:
Initial Equity:
Current NOI:
Current Occupance:
Current Value:
Projected IRR:
Projected Return Multiple:

278
266,317
12/4/2020
$16,700,000
$24,139,328
$4,586,472
$1,543,938
93%
$30,000,000
25%
3.00

Riverdale, GA

Units:
Gross SF:
Purchase Date:
Purchase Price:
Total Capitalization:
Initial Equity:
Current NOI:
Current Occupance:
Current Value:
Projected IRR:
Projected Return Multiple:

92
96,800
4/14/2022
$9,844,000
$14,000,000
$2,940,000
$55,541
72%
$13,800,000
16%
2.76

Milledgeville, GA

Units:
Gross SF:
Purchase Date:
Purchase Price:
Total Capitalization:
Initial Equity:
Current NOI:
Current Occupance:
Current Value:
Projected IRR:
Projected Return Multiple:

126
55,006
12/15/2022
$13,250,000
$14,232,943
$7,449,351
$719,564
100%
$14,232,943
18%
2.00

Austell, GA

Units:
Gross SF:
Purchase Date:
Purchase Price:
Total Capitalization:
Initial Equity:
Current NOI:
Current Occupance:
Current Value:
Projected IRR:
Projected Return Multiple:

12
10,560
6/1/2019
$970,000
$1,006,000
$201,200
$92,520
100%
$1,800,000
19.29%
2.86

Fully Completed Investment Projects

Augusta, GA

Units:
Gross SF:
Purchase Date:
Purchase Price:
Total Capitalization:
Initial Equity:
Sale Date:
Sale Price:
Projected IRR:
Projected Return Multiple:
Average Annual Return:

96
68,832
9/1/2019
$3,990,000
$5,285,000
$634,200
7/1/2021
$6,240,000
15.64%
2.86
17.49

Houston, TX

Units:
Gross SF:
Purchase Date:
Purchase Price:
Total Capitalization:
Initial Equity:
Sale Date:
Sale Price:
Projected IRR:
Projected Return Multiple:
Average Annual Return:

28
23,520
4/1/2019
$2,000,000
$2,300,000
$575,000
6/29/2022
$3,200,000
24%
1.83
57.79

Atlanta, GA

Units:
Gross SF:
Purchase Date:
Purchase Price:
Total Capitalization:
Initial Equity:
Sale Date:
Sale Price:
Projected IRR:
Projected Return Multiple:
Average Annual Return:

56
14,000
10/1/2019
$900,000
$950,000
$313,500
8/5/2022
$2,450,000
53.92%
3.27
103.00

Institutions We Have Worked With