City Heights South
- Projected IRR of 24.48%, 2.34 multiple to investor
- Closed 3/2022
- 201 units built in 1972
- Purchase price: $19,570,325
- $2,713,500 proposed capital improvement program
- 3 year I/O, variable rate bridge debt at years 1
- Refinance with Freddie Mac 5 year fixed debt