THE DOMICILE LEASE UP & BROKERAGE

OVERVIEW

Our team was hired to manage this brand new development, stabilize financials and manage the sale and brokerage.

Marketing

  • Branding & Logo Design
  • Marketing & Promotion

Management

  • Post Construction/Move in Readiness
  • Initial Lease Up & Setup
  • Financial Setup/Accounting/Seasoning
  • Stabilization & Operational Audits

Sale

  • Listing and Marketing for Sale
  • Buyer Procurement
  • Transaction Management and Closing
  • Appraisal & Financial Projections
  • Buyer Setup & Cash flow Management
  • Rent Guarantee and 1031 Exchanges

Price: $6.75 Million

Built: December 2018

Closed: July 2020

Units:  32 Units | 2 Bedrooms 

ROI & OUTCOME

Our Role

We stabilized this property, seasoned the financials and brokered and closed this asset for a new buyer. Since the sale, we have increased cashflow significantly and exceeded proforma and advertised returns.