Our Portfolio
Sold: 54 units — Miami Beach
Results
Year built: 1936
Location: Miami Beach, Florida
Purchase price (2010): $5.4 million
Equity invested: $2.1 million
CapEx budget: $524K
Sale price (2013): $10.1 million
- Investor IRR: 42.3%
- Equity multiple: 2.34x
