DEALTIME! Parkway Flats, Class A Apartment Building
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Description
Charlie Rushton, Managing Partner at Saber Equity describes Parkway Flats, a class A apartment building in Houston, Texas.
Asset Class: Class A apartment building
Investment type: equity
Deal Size: $45.6 million
Equity requirement: $11.5 million
Preferred return: 8%
Projected IRR: 21%
Projected Emx: 2.14x
Minimum investment: $50,000
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