Case studies

Cielo at Athens

MULTIFAMILY

Cielo at Athens underwent a comprehensive transformation aimed at enhancing the overall tenant experience. We invested in modernizing amenities and upgrading unit interiors, targeting a more upscale tenant base.

Through strategic marketing and refined property management, we achieved improved tenant retention, leading to increased collections and reduced vacancy rates. Our efforts significantly increased property value, leading to a remarkable equity multiple and IRR.

Track record


Cielo at Athens

Location Athens, GA

Project Details 44 units

Equity Multiple 2.9x

Purchase date August 2021

Sale date August 2022

Holding period 12 months

Sale price $6,380,000

Purchase price $3,700,000

IRR. 192.2%

Anterior
Anterior

Azalea Ridge

Siguiente
Siguiente

Cielo at Lanier