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Preserve Plum Creek

KYLE, TX

TYPE

MULTIFAMILY

UNITS

180

BUILT

2016

PROPERTY DESCRIPTION

KYLE, TX

This acquisition was completed in the late summer of 2023. We anticipate this asset will produce great cashflow for years to come once we finish the light unit renovations and clubhouse revamp.

INVESTMENT SUMMARY

STRATEGY

CORE+

INVOLVEMENT

OWN & MANAGE

ENTER | EXIT (YR)

2023

|

TBD

TARGET  |  ACTUAL

HOLD (YRS)

10

|

TBD

EQUITY MULTIPLE

2.0x

|

TBD

IRR

12%

|

TBD

CASH ON CASH

5%

|

TBD

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