SAR Apartment Capital continues expanding its Florida portfolio with the acquisition of the 54-unit, rental community “The Cottages At Magnolia” in Tallahassee.
SAR Apartment Capital identified an opportunity to double the unit count to 108 apartments by converting the oversized 4 bedroom/ 4 bathroom apartments into smaller, yet sizeable models.
The purchase price was US$ 3,300,000 that comes out to $30,000 a house. We paid $30,000 a door for a 4 bedrooms/ 2 bathrooms/ 1200 sq. homes located on 43 acres of area.
SAR Apartment Capital, Infinity Investment Solutions Inc, and Aramar Investments LLC join forces to acquire a distressed hotel near Orlando, FL to be converted into a multifamily property
Miami, FL – Today SAR Apartment Capital, Infinity Investments Solution, and Aramar Investments LLC are proud to announce the acquisition of a multimillion-dollar distressed property near Orlando Florida,