Project Highlights:Urban Style Class-A, 84 Multifamily apartments designed to be built with contemporary layouts, eco-friendly, and technology adaptable configurations. Rooftop Solar Panels across the complex for potential reduction in tenant electric bills. Apartments will be installed with High-Speed Fiber Optic cables ready for immediate internet connection.
Property Location: Memphis - Tennessee Hold Period: 2 Years Purchased Price: $4 Million Sold Price: $8 Million Asset Value Appreciation: 100% Investor Cash-On-Cash Returns: 67% Cost Segregation & Bonus Depreciation: ~$2.8 Million