Closed -263 Unit Apartment in Lagrange,GA
I am happy to share đź•«đź•«đź•« 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.
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https://fortuneinvestmentsgrp.com
Sathesh Singaram
Most Popular Reply
@Sathesh Kumar Congratulations! What was the most challenging part for you to close this deal?