Eden Multifamily Acquisition Project
Oceans Edge Project

100% SOLD OUT. DEAL RESULTED IN 20 IRR.

Built in 1972 and extensively renovated in 2006, 107 unit apartment community, located in Jacksonville, Florida. An upgrade/deferred maintenance program was initiated as units were sold upgrading all units at an estimated cost of $2,500/unit which would be in addition to an initial capital improvement program at an estimated cost of $1,500/unit.