MULTIFAMILY PORTFOLIO ASSET PERFORMANCE
1419
Portfolio Units
and
1419
Portfolio Units
Assets Under Management
$59.5MM+
Average Target Return
$59.5MM+
(Depending on Asset)
OPPORTUNITY FULLY FUNDED
View on Grant
Columbus, OH
86 units | Under Contract
Purchase Price – $18,000,000
Projected Deal IRR – 26.95%
Deal Cash-on-cash – 8.28%
The Summit Apartments
Lawton, OK
52 units | Acquired 2023
Purchase Price – $1,400,000
Capex Budget – $1,500,000
43 @ New Albany Apartments
Columbus, OH
43 units | Acquired 2021
Projected 2.28x Equity Multiple
Projected Average Annual Return 25.7%
Projected Average Cash-on-Cash 8.9%
5 Year Hold
The Brickyard Townhomes
Columbus, OH
60 Units – Class C Value Add
Acquired – October 2021
Purchase Price – $ 2,950,000
Capex Budget – $700,000
View on Grant
Columbus, OH
86 units | Under Contract
Purchase Price – $18,000,000
Projected Deal IRR – 26.95%
Deal Cash-on-cash – 8.28%
Edge at 23rd
Oklahoma City, OK
51 Units – Class C
Acquired – September 2021
Purchase Price – $2,300,000
CapEx Budget – $350,000
Stella Apartments
Salt Lake City, UT
12 units
Acquired – 2018
Sold – 2019, Full remodel/reposition
Current Value – $2,200,000
Est. 5.52% Cap
The Landing
Clearfield, UT
20 units
Acquired – 2020
Sold – 2021, Full remodel/reposition
Pine Bridge Apartments
Mansfield, OH
179 Units – Class C
Acquired – March 2021
Purchase Price – $9,500,000
Capex Budget – $647,000
Reach Out
Phone
(801) 699-4532
info@glequitygroup.com
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