Crest at East Cobb is a 150 unit apartment complex in Marietta Georgia. It is a well maintained property with opportunity to add value through updates, improvements and amenities. The purchase of $24,900,000 was completed December 2020.
The investment is expected to generate a 8% average cash-on-cash return with a projected IRR of 16%.
| Purchase Price | $24,900,000 |
| Cash on Cash Return | 9% |
| Expected Internal Rate of Return | 16% |