The AP Deal Room Presents:
55 Unit Multifamily for Conversion to Condominium with 179% ROI, 38% IRR Potential @ a proposed purchase cap of 10%. In the last 90 days the subject community of the Charlotte NC MSA has experienced 8 Condominium home sales with an average per square foot value of $151 and an average resale value of $197,333.
More than 70% the units sold within 30 days of hitting the market. Low interest rates, limited single family home supply and growing population continue to fuel a significant demand for an alternative home ownership options. Condominium and Collective housing conversion of Rental Apartments meets this demand. It appears that at the present rate, there does not appear to be an immediate end in sight. These facts are why we believe This Property is a unique offering for your purchase consideration and the numbers speak for themselves.
For more information and supporting financials please review our proposed acquisition and development plan @ www.apdealroom.com.
For the opportunity to review this project offering please review and agree to the terms of our project review agreement.