Mixed-use Asset Located Within a High Growth Micro Market
Sold in April 2018 for $5.4 million ($140 PSF)
Project Level IRR 19.3% over a 16.4-year hold
Located on
4.6 Acres
Acquired at a
12.9%
Cap rate in December 2001
7.75x
Equity multiple at the project level
5.5%
Exit cap rate
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