Updated almost 5 years ago on . Most recent reply

Closed -263 Unit Apartment in Lagrange,GA
I am happy to share 🕫🕫🕫 the good news with friends, family, investors, & supporters that we have CLOSED 263 units Apartment in Lagrange, GA. I am humbled & blessed and Thank you so much to all who invested with us.
If you are curious about the closed asset:
This institutional quality investment is a 263 unit, Class B apartment community located in the strong Class A community of LAGRANGE,GA. This submarket has ATLANTA’S strong population growth since 2000.
Projected 5 year Returns:
1.8-1.9x - Equity Multiple
10-12% - Average Cash Flow
14-16% - Average Annualized Return
• Property Management: SMP MANAGEMENT
• Numbers of Units: 263
• Property Total Cost : $25.3Million
• Capital Raised: $8.5M
• Minimum Investment: $50,000
• Date of Closing: November 19th
I would like to tell you more about our model, our past successes, and our upcoming projects.
Please schedule a time for a quick call: https://calendly.com/fortunein...
Visit my website for free ebook on apartment investing:
https://fortuneinvestmentsgrp.com
Sathesh Singaram
Most Popular Reply

@Sathesh Kumar Congratulations! What was the most challenging part for you to close this deal?