Assets Under Management

Acquired creatively under a 2-year MLA in February 2025, Depot Flats was positioned well for hands-on operational improvements to improve value. The 2-year MLA allowed us to lock in a 4.1% interest rate while stabilizing. It's unique layout includes garages and in-unit washer's/dryers; anomalies in the market.

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Status: Stabilized

Projected IRR: 18.7%

Projected Cash-on-Cash Avg.: 9%