Our Portfolio

Sold: 168 units — Norfolk

Results

Year built: 1963
Location: Norfolk, Virginia
Purchase price (2014): $13 million
Equity invested: $5.4 million
CapEx budget: $2 million
Sale price (2018): $17 million

  • Investor IRR: 7.7%
  • Equity multiple: 1.31x
IMG lafayette norfolk