Elevate at Baymeadows East

CAPITAL GOAL

$5,325,000

CAPITAL REMAINING

$0

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Investment Highlights

Units

105

City

Jacksonville, FL

Projected Average Annualized Returns

22%

Project Hold Period

5 Years

Purchase Price

$16,300,000

Equity Multiple

2X+

Renovation Budget

$14,300,000

Projected Sale Price

$52,400,000

Projected Profit

$18,400,000

Minimum Investment (USD)

$100,000

Acquired 3 Hotel buildings (Bacopa, Ellis 1, Ellis 2) on 8.5 Acres - Mid-1980’s garden style. The plan is to increase value by repositioning to apartments, rebranding, upgrading exterior and interiors, adding storage units, improving amenities, improving operational excellence.