Elevate at Baymeadows West

CAPITAL GOAL

$5,325,000

CAPITAL REMAINING

$0

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Investment Highlights

Units
115
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.

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