Initially acquired an 80-unit apartment community in Orlando, Florida from a long-term private ownership group and motivated seller in November, 2021
Successfully raised apartment rent average from ~$802 to ~$1,300 with a strategic cosmetic interior & exterior capital improvement plan within 22 months upon acquisition
Nearly doubled in-place net operating income within a 22-month investment holding period
Successfully disposed of the asset within a total of 22 months; realized a gross investor levered internal rate of return (IRR) of ~32%
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