73-unit Brownstone Manor Apartment Closing in Hummelstown, PA with Anna Kelly, Multifamily Investing Expert

Multifamily Investor Nation - A podcast by PassiveInvesting.com - Mondays

Categories:

Dan Handford dives deep into this multifamily investing asset which was acquired via a JV partnership with 2 other apartment investors by Anna Kelly with Zenith Capital Group in December 2018. This is a unique asset as it has a mix of multifamily housing units as well as self storage investing units. The entry cap rate was 6.5% with a projected exit cap of 7%. IRR sitting at 14% and CoC at 9.42%.