Reserve at Ashley River

Asset Address: 6520 Dorchester Rd.

City: North Charleston

State: SC

Asset Type: Multifamily

Untes: 280

Year Built: 1978

Acquisition Date: 8/20/2013

Acquisition Price: $9,351,000.00

Deposition Price: $12,500,000.00

Date Sold: 8/8/2016

IRR or Equity Multiple:
85.0%

Debt Amount: $6,501,000.00

Equity Amount: $2,850,000.00