Eden Multifamily Acquisition Project
Canterbury Gardens

Sold after 5-year hold at 20IRR, 2x Equity Multiple

Built in 1967-1973. a 693 unit apartment community, located in Jacksonville, Florida. Several million in capital improvements have been committed, consisting of interior upgrades to 40% of the units, carpet/paint/tile upgrades to the remaining 60% of the units, and re-roofing/re-painting the exterior of the property.