Our Portfolio
Sold: 195 units • Sacramento, CA
RESULTS
Year built: 1986
Purchase price (2010): $12.3 million
Equity invested: $4 million
CapEx budget: $600K
Sale price (2014): $14 million
- Investor IRR: 11.5%
- Equity multiple: 1.42x
Savannah Court Apartments in north Sacramento sell for $14M − Sacramento Business Journal
*Due to equity partner's ill health, property was sold before full terminal value was achieved.