RidgeCrest Estate

SAR Apartment Capital, LLC

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SAR Apartment Capital

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PROPERTY DETAILS

Miami, FL – Today, Abiel Ballesteros and SAR Apartment Capital are proudly announcing the successful acquisition of a 110 residential community in Ripley, Tennessee, thus expanding its portfolio of assets.

OVERVIEW

The community is a 2004, Class B, residential property with an occupancy rate of 94% and a low income tax credit which is highly desirable for the area.

APARTMENT FEATURES

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.