Historical results on transactions going full cycle

Artisan Cove Apartments
Sarasota, Florida
21 Unit value add apartment
Purchased:  2015
Sold:    2018
 
IRR                             34.72%
Multiple                     3.42x
 
 
 
Places at Red Rock Apartments
Birmingham, Alabama
56 Unit value add apartment
Purchased:  2018
Sold:    2022
 
IRR                             36.28%
Multiple                      3.09x
 
 
Georgetown Village/Monarch Point Apartments
Racine, Wisconsin
112 Unit value add apartment
Purchased:  2019
Sold:    2022
 
IRR                             31.88%
Multiple                      2.34x