Stratham Place

Average Cash: 25%+ annual rate

IRR: 23%

Number Of Units: 90 State: South Carolina

Purchase Date: December 2010

Sold Date: November 2015

Stratham Place is a C class apartment in a C class area that is benefitting from local job growth, civic attention to development and the recruitment of new businesses. This multi-family complex consists of 21 two-story buildings situated in Greenville, South Carolina. Rents and profits increased dramatically for this property after purchase. This property was sold in November of 2016, providing a cumulative 25%+ average annual return to investors.