Meadowbrook Apartments

Asset Address: 701 S Juniper St.

City: Foley

State: AL

Asset Type: Multifamily

Untes: 60

Year Built: 1979

Acquisition Date: 11/4/2015

Acquisition Price: $2,735,000.00

Deposition Price: $4,000,000.00

Date Sold: 4/30/2018

IRR or Equity Multiple:
53% or 2.90x

Debt Amount: $1,882,500.00

Equity Amount: $780,000.00