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 an upcoming area just in front of a mall where it will see big demand and we can increase rents by 40% through updated units. We plan to renovate, new colors, new vanities, new appliances, beautiful landscaping improvements, and much more!
Our investors should expect ;
1. IRR 24.61%
2.. Equity Multiple 2.23X
3. Cash on Cash 8% and above
4. 80% of their equity back with 18 months.