V
Lease Properties V LLC
12 Unit Multifamily
- Stabilize Rents, complete deferred maintenance
- Purchasing 34% below replacement cost
- Target: Increase cashflow, force appreciation, hold
IV
Lease Properties IV LLC
12 Unit Multifamily
- Value-add with extensive CapEx
- Conservative underwriting 50% LTV
- Target: Increase cashflow, force appreciation, sell
III
Lease Properties III LLC
2 Unit Multifamily
- Value add by increasing NOI
- Investor Rate of Return 12.29%
- SOLD with 49% Return On Equity
II
Lease Properties II LLC
6 Unit Multifamily
- 3X Return on Equity
- Stabilize Rents, Update Units
- 4% to 7.2% Cap Rate improvement by year 3
I
Lease Properties I LLC
2 Unit Commercial/Residential
- 33% LTV
- 4% Interest Mortgage
- Renovate to Increase Cashflow