Wymore 360 Apartment

Location: Orlando, FL
Units: 200
Year Built: 1972/1973
Acquired: June 2022
Projected Hold Period: 6 years
Role: Limited Partner
Average Cash on Cash Return: 8.6%
Total Return: 23.2%

Description

This is a beautiful and well maintained 200-unit apartment built in 1973. It is located in Orlando, FL – the 2nd fastest growing city in the US. It is the 3rd largest City in Florida. It has enjoyed 99% occupancy in the past 2 years. The current in-place rent is $150 below comparable properties. The projected cash-on-cash return is 8.6%, IRR of 19.5% and Equity Multiple of 2.39 in 6 years. This property closed in June 2022.

Disclaimer
All investments involve risk and may result in loss. Content on this site should be used for informational purposes and is not considered an offer to sell or solicitation of an offer to buy an interest in any investment. Any such offer or solicitation will be made only by means of the Confidential Private Placement Memorandum (PPM) relating to the specific investment. Access to information about the investments are limited to investors who either qualify as accredited investors within the meaning of the Securities Act of 1933, as amended or those investors who generally are sophisticated in financial matters, such that they can evaluate the risks and merits of prospective investments. Any historical returns, expected returns or profitability projections may not reflect actual future performance.

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Jacksonville Portfolio II

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Description