- IRR
- 24%
- Purchase Price
- $1.5M
- Purchased
- Jun 2021
Overview
A ten-unit multifamily property in Pompano Beach, FL, renovated and held as a rental. Purchased in June 2021 for $1.5M and improved with $150K of upgrades.
Income Snapshot
Rental Property- Purchased
- Jun 2021
- Purchase Price
- $1.5M
- Construction Cost
- $150K
- IRR
- 24%
- Investors
- 2
- Units
- 10
- Size
- 7,000 sq ft
Income Performance
- IRR
- 24%
- Cost Basis
- $1.65M
Total cost$1.65M
Purchase $1.5MConstruction $150K
Purchased
Jun 2021
Status
Held
Figures as reported in the Prime Equity portfolio. Past performance is not indicative of future results.
Gallery
Property Details
- Project Type
- Multifamily value-add
- Property
- 10-unit apartment building
- Status
- Rented
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