This Class B property consists of 134 units With 119,552 total square footage on 5.08 acres and presents significant value-add opportunities.
The property is located within the 4th largest city in the Untied States with proximity to major employers such as Walmart, Kroger, Shell and United Airlines.
Projected returns are 17.5% IRR, a favorable 12% preferred return, 1.85x target equity multiple, expected hold time 5 years.