Casa Verde Apartments

Casa Verde Apartments

  • Projected IRR of 19.99%, 1.98 multiple to investor
  • Closed 7/2021
  • 384 units built in 1973
  • Purchase price: $47,775,813
  • $5,506,560 proposed capital improvement program
  • 3 year I/O, variable rate bridge debt at years 1-2
  • Refinance after year 2 with Freddie Mac 5 year fixed debt
Scroll to Top