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Multi Family development in Austin

Total Capitalization: $43,407,000

Characteristics:

  • Investment Type: Opportunistic
  • Market: Austin, TX
  • Type: Class A Garden-style
  • Size: 320 units
  • Acres: 16.09 acres
  • Expeted Holding Period: 4 – 5 years
  • Expected IRR before Taxes: 15.6%
  • Equity: $ 16.250.000
  • Launched: Mars 2017
  • Sold: Dec 2020
  • Holding Period: 3.75 years
  • Sale Price: $ 65.100.000
  • Net IRR after Tax: +15%
  • EM: 1,76