SAR Apartment has acquired a 4million dollar 84 units multi-family complex in Atlanta, Georgia. This is a 1970’s property with huge potential, located in a upcoming area just in front of a mall where it will see big demand and we can increase rents by 40% through updated units.
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- IRR 24.61%
- Equity Multiple 2.23X
- Cash on Cash 8% and above
- 80% of their equity back with 18 months .