Our Portfolio
Sold: 197 units — Sacramento Metro
RESULTS
Year built: 1960
Location: Carmichael, California
Purchase price (2012): $6.9 million
Equity invested: $2.7 million
CapEx budget: $1.5 million
Sale price (2016): $12.5 million
- Investor IRR: 31.9%
- Equity multiple: 2.05x
Sacramento ranks as the country’s rent growth leader - Business Wire