Closed on my first deal! š„
šI was able to help acquire Osprey Cove North, a 236 unit apartment complex in the hot Jacksonville, NC market.
ā”ļøJacksonville is experiencing a large affordable housing shortage amidst a large population influx; this acquisition will help serve this market need.
Congrats to all of our investors that made this possible!
Conservative projected investor returns for the 6 year project are:
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16.9% IRR
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16% Average Cash on Cash Return
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104% Total Return
If you are still trying to take down your first deal, DONāT GIVE UP. Itās possible!! Iāll post more information about the story of this deal and how we got it to the finish line.
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Congrats! You deserve this success!
Sorry I had to cut our call short last week. @Charles Seaman was buying me lunch and I did not want to miss that. šš