衍生话题
Multifamily - 32 Unit 1985 Built Dallas
项目贡献者: Jay Wu
项目状态: 已经Closed,供大家学习参考。
Projected Return:
ARR: 24.51%
Average Cash-On-Cash: 7.04%
Equity Multiple: 2.2x
IRR: 18.98
Name: McNeil Star Apartment
Property Details: 32 unit, 1985 built, 3707 McNeil St Dallas TX
Highlights:
B Class Property in C+ Neighborhoods
Exclusive Off-Market Acquisition with no competition
Rents are significantly below market by an average of $313
Acquired at $62.5k per door, 35% lower than market
Value add Opportunity to implement RUBS, pet fees, and laundromat
Value Add Opportunities to turn 2 storage units to rental units to increase NOI
Stable Occupancy at 97% and Cash Flow from Day 1
Underwriting见如下视频