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KYLE, TX
TYPE
MULTIFAMILY
UNITS
180
BUILT
2016
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.
STRATEGY
CORE+
INVOLVEMENT
OWN & MANAGE
ENTER | EXIT (YR)
2023
|
TBD
TARGET | ACTUAL
HOLD (YRS)
10
EQUITY MULTIPLE
2.0x
IRR
12%
CASH ON CASH
5%